Private Credit
It provided over $200m unitranche financing in 2019 to support TA Associates’ acquisition of Gong Cha.
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Stockbit widens profit, Ajaib chases growth, Pluang invests
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Editor’s Take: The Week That Was—Aug 17-22
Vietnamese hospitality startup M Village bags $26m in new funding
GPs have more room to serve Asian LPs thanks to bespoke mandates: Partners Group
IPOs & Markets
Its shares fell as much as 10% to HK$110.10 in early Hong Kong trade.
Analysis
The downsizing will affect 27 partners and around 360 employees.
Ajaib doubled revenue in H1 2026 but net profit rose only 3%, as costs surged.
The fund will provide capital to companies across India, SE Asia, and China.
Singapore
The firm has closed more than five mandates with Asian LPs in the past year.
Vietnam
M Village last raised $10m in a Series B round in 2024.
SET to ease IPO requirements; SGX taps Nasdaq partnership.
Greater China
The market is driven by car rental companies, which makes resale value important.
Private funding rounds had valued it at $98.2b and $64b in 2022 and 2024, respectively.
