Business
China’s wealth fund pulls plug on US$1 billion private equity sale
China’s sovereign wealth fund has pulled its planned sale of US$1 billion in US fund stakes tied to some of the biggest names in private…
Tag
Fund
Business
Daiwa plans 100 billion yen real estate fund as Japan market booms
Daiwa Securities Group plans to launch a real estate fund with two partners, tapping investor demand for a piece of Japan’s booming…
Business
Three Arrows founders fail in appeal for orders to disclose crypto fund dealings to be set aside
The Court of Appeal on Tuesday (Jun 24) dismissed an application by the founders of Three Arrows Capital (3AC) to set aside orders…
Business
Indonesia’s sovereign wealth fund Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jets…
Business
Stoneweg European Business Trust invests 50 million euros in fund with early-stage data centre sites
They will be 225 hectares in total size located in Ireland, Spain, Italy, and Denmark Stoneweg European Business Trust announced on…
Business
Far East Orchard secures £96 million for private fund to develop UK student accommodation
This supports the company’s pivot ‘towards an asset-light model and its objective of growing recurring fee-based income’ Far East Orchard…
Business
BlackRock launches absolute return hedge fund for retail investors in Singapore and Hong Kong
BlackRock has launched an Asia-Pacific-focused hedge fund for retail investors in Singapore and Hong Kong, the world’s largest asset…
Business
CapitaLand Investment expands fund with Japan asset acquisition at 30 billion yen
CapitaLand Investment (CLI) on Monday (Jun 9) announced that it secured additional capital commitments from new and existing institutional…
Business
Indonesia sovereign wealth fund interested in Grab-GoTo deal: Bloomberg
Indonesia’s sovereign wealth fund Danantara is considering a stake in the Grab acquisition of GoTo for US$7 billion, reported Bloomberg.…
Business
Garuda said in talks for US$500 million from Indonesia wealth fund
Garuda Indonesia is in talks with the country’s sovereign wealth fund Danantara about an injection of around US$500 million, according to…
Business
Protect investors, but give private market fund managers flexibility, industry players tell MAS
The transparency of private market funds, the amount they charge in fees, and the methods of valuation were among key points raised in the…
Business
Singapore hedge fund Arrowpoint capitalised on May market turmoil
Singapore’s multi-strategy hedge fund Arrowpoint Investment Partners has made gains by exploiting market dislocations triggered by global…
Fashion
The CFDA/Vogue Fashion Fund Reveals 10 Finalists
The Council of Fashion Designers of America and Vogue have revealed the 10 finalists of the 2025 CFDA/Vogue Fashion Fund. The 10 finalists…
Business
Top Thai wind power firm to fund 65 billion baht of spending with IPO
Thailand’s largest wind power producer plans to spend 65 billion baht (S$2.6 billion) to almost triple its generation capacity over the…
Business
mm2 Asia to sell 21.02% of its stake in subsidiary Vividthree to PE fund for S$1.7 million
Mainboard-listed media company mm2 Asia on Wednesday (May 28) entered into a sale and purchase agreement with private equity fund Hildrics…
Business
UBS to sell hedge fund unit O’Connor to Cantor Fitzgerald
The deal includes “O’Connor’s six investment strategies” with about US$11 billion in assets under management Group’s asset management…
Fashion
Fashion Scholarship Fund Launches FSF University, a Free, Self-paced Digital Program to Prepare for Scholarship Success
The Fashion Scholarship Fund is increasing efforts to expand access to students from underrepresented backgrounds who may not attend one…
Business
Singapore-based Quadria’s 3rd healthcare fund closes at US$1.1 billion, above US$800 million target
Quadria Capital, a Singapore-based private equity (PE) firm, announced on Tuesday (May 27) the final close of its third healthcare fund at…
Business
MAS to shortlist fund managers for S$5 billion Equity Market Development Programme by Q3
The Monetary Authority of Singapore (MAS) will shortlist fund managers for its S$5 billion Equity Market Development Programme by the…
News
Uniqlo and Cate Blanchett to Support Displaced Directors Through Film Fund
CANNES, France — Uniqlo is stepping in to support films made by refugees from around the world. The Japanese brand is donating 100,000…
Business
Luxury Footwear Brand Moreschi Acquired by Fellow Italian Label and British Fund
Storied Italian luxury footwear brand Moreschi has found a pair of white knights. Glam Srl, the company behind the Superglamourous shoe…
Business
CapitaLand Investment launches 5 billion yuan China fund
CapitaLand Investment (CLI) on Wednesday (May 21) announced the launch of its first onshore master fund in China, the CLI RMB Master Fund,…
Business
FCT to draw on additional debt financing to fund Northpoint City acquisition
The acquisition of Northpoint City’s south wing may be financed either with or without the issuance of perpetual securities, said the…
Business
Indonesia’s wealth fund in talks to aid flagship airline Garuda
Garuda is in talks with Indonesia’s sovereign wealth fund Danantara about an injection of capital, people familiar with the matter said,…