Private Credit
Investors sought to withdraw $4.2b from two funds in Q3, down from $4.7b in the prior quarter.
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Withdrawal requests from Blue Owl's flagship fund slow as private credit turmoil eases
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SK Group's Chey to sell stake worth $700m in SK Corp to fund divorce settlement
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Singapore, World Bank Group partner to drive ASEAN Power Grid action
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SoftBank closes $30b investment in OpenAI
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Japan’s Kokuyo approves $177m funding for Thien Long acquisition vehicle
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Analysis
Chey will remain the top shareholder SK Corp, the holding firm of SK Hynix.
Policy & Regulations
The partnership aims to address gaps in APG’s project implementation and improve its bankability.
Deals
Earlier this year, OpenAI secured $122b in commitments that valued the company at $852b.
Kokuyo will acquire up to 65.01% of the Vietnamese company through two transactions.
India
Average listing gains also jumped to 19% from 7%.
Also, how SE Asian PE firms are holding portfolio companies beyond their original fund lives.
World
London’s stock market has shrunk over the past decade.
Singapore
The transaction gives HarbourVest exposure to a diversified pool of fund interests.
The distinction matters as money flows into digital infrastructure.