Business
Hedge fund Arrowpoint seeks US$400 million in new money by March
The performance and fund-raising plans stand out in a market where investors’ appetite for multistrategy, multimanager hedge funds has…
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Fund
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UOB Private Bank the first to distribute Asia-focused private equity evergreen fund
The move caters to rising demand from rich investors for private assets that offer a measure of liquidity UOB, South-east Asia’s…
Business
TVM Capital Healthcare announces first close of US$150 million South-east Asia Fund
Investor commitments to the fund include institutional investors and cornerstone investor Invest International, which was founded by the…
Business
Nio plans US$1 billion share sale to fund EV growth
The Shanghai-based EV maker will sell as many as 181.8 million new shares at HK$42.86 to HK$44.46 each Chinese electric-vehicle maker Nio…
Business
mm2 Asia scraps stake sale; PE fund to take 29% of Vividthree stake in direct share deal instead
As a result of the new share placement, controlling shareholder mm2 Asia’s stake in Vividthree will be diluted to 23% Vividthree Holdings…
Business
Australia’s sovereign wealth fund tops A$252 billion, reduces US portfolio
Australia’s sovereign wealth fund, the Future Fund, said on Tuesday its valuation had reached A$252 billion (S$213.2 billion) as it pared…
Business
BlackRock loses US$17 billion mandate at Dutch pension fund PFZW
BlackRock has lost a mandate worth US$17 billion with one of the largest pension funds in the Netherlands, amid concerns the world’s…
Business
HSBC AM joins peers with private equity fund targeting wealthy
HSBC Holdings’ asset management (AM) arm is launching a private equity strategy targeting wealthy clients, the latest move by a major…
Business
MUFG to launch 100 billion yen Japan real estate fund
Mitsubishi UFJ Financial Group (MUFG) plans to launch a 100 billion yen (S$870 million) fund to invest in Japanese real estate, an…
Business
Asia fund beating 95% of peers is bullish on chip gear makers
Chinese chipmakers are trading at a four-year high versus their US peers, but a top fund manager still sees pockets of opportunity among…
Business
Temasek’s SeaTown closes third private credit fund after raising more than US$612 million
SeaTown Holdings, an investment manager indirectly owned by Temasek, said on Wednesday (Aug 27) it has closed its third private credit…
Business
Temasek’s SeaTown raises more than US$612 million in first close of third private credit fund
SeaTown Holdings, an investment manager indirectly owned by Temasek, said on Wednesday (Aug 27) it has closed its third private credit…
Business
Temasek’s SeaTown raises more than US$612m for third private credit fund
SeaTown Holdings, an investment manager indirectly owned by Temasek, said on Wednesday (Aug 27) that it has closed its third private…
Business
BlackRock paused fundraising for latest Asia private credit fund
BlackRock paused fundraising earlier this year for its latest Asian private credit strategy amid its merger with HPS Investment Partners,…
Business
BlackRock pauses fundraising for latest Asia private credit fund
BlackRock paused fundraising earlier this year for its latest Asian private credit strategy amid its merger with HPS Investment Partners,…
Business
TPG joins Asia’s rush for mid-sized buyouts with latest fund
TPG is among the large alternative asset managers now seeking money to back mid-sized investments in Asia, a move away from its…
Business
Ex-Goldman trader Qin Xiao starts Singapore hedge fund, gets US$1 billion allocation from Millennium
Qin Xiao, the former co-head of Goldman Sachs’ global commodities trading team, has won an allocation from Millennium Management for his…
Business
Blackrock readies venture secondaries fund as market expands
The secondary market for private fund stakes has exploded in size alongside a boom in private markets generally BlackRock is preparing to…
Business
China stocks rally to decade-high on easing tariff tensions, fund rotation
China stocks closed at their highest level since 2015 on Monday (Aug 18), extending a months-long rally driven by easing trade tensions…
Business
Phil Knight’s Record $2 Billion Gift Will Fund Cancer Care and Research in Nike’s Portland Community
Phil Knight is no stranger to giving back — and the Nike co-founder’s latest move cements his status as one of the most powerful…
Business
For just US$1 million, wealthy investors can buy a stake in hedge fund Millennium
For just US$1 million, investors are being offered a slice of one of the world’s largest hedge fund firms. Goldman Sachs is offering…
Business
Norway’s US$1.9 trillion wealth fund returns 5.7% in H1
Norway’s sovereign wealth fund returned 5.7 per cent and slightly missed its target in the first six months of 2025. The US$1.9 trillion…
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EXCLUSIVE: MAC Viva Glam and Elaine Welteroth Team to Fund Safer Births for Underserved Families
MAC Cosmetics is expanding its philanthropic efforts with a $200,000 Viva Glam Fund grant to The Victoria Project in partnership with…
Business
Top Singapore hedge fund Dymon Asia Capital ramps up Asia hires as regional funds find favour
US hedge fund giant Citadel and Singapore’s Dymon Asia Capital are adding talent in Asia, as they look to expand business in the region.…