LATEST INSIGHT

Category: Private Equity

November 27, 2020
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1min00
Ascena Retail Group, which owns clothing brands such as Ann Taylor and Loft, said o it will be acquired by Premium Apparel LLC for $540 million on a cash-free and debt-free basis. Premium Apparel, a unit of private equity firm Sycamore Partners, has committed to retain a substantial portion of the retail stores and associates […]

November 26, 2020
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2min00
The corporate venture arm of state-owned Telkom Indonesia, MDI Ventures has partnered with fintech-focused VC firm Finch Capital to launch a new early-stage investment fund name Arise according to press statement. According to the statement, Arise fund will be run under a joint venture by the two founding firms and will aim to invest in […]

November 25, 2020
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2min00
Kredivo, an Indonesia-based digital credit platform, disclosed it has secured a credit line funding of US$100 million from US-based investment company Victory Park Capital (VPC). This credit line is the largest in Kredivo’s history and within the fintech industry in Southeast Asia, it said in a press note. The funding also marks VPC’s inaugural investment […]

November 25, 2020
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3min00
The-Wolfpack, an early-stage startup fund in the direct-to-consumer (D2C) sector, has announced its launch in Singapore. The VC firm will look to invest in startups in the consumer goods, leisure and media sectors, who require strategic capital to drive growth across SEA and Australia Christened ‘The Wolfpack Pioneer VCC’, the US$5 million debut fund is focussed on […]

November 24, 2020
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2min00
Philippines-based IP E-Game Ventures’ subsidiary New Wave has signed announced it has signed an agreement with Malaysia’s boutique investment firm Emissary Capital to launch a US$50-million fund to invest in ASEAN startups in a press statement. The fund which has been dubbed Emissary Capital Growth Fund 1 aims to strengthen collaboration between startups in the […]

November 9, 2020
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2min00
Pony.ai, a Chinese autonomous vehicle startup and relative newcomer to the industry, is now valued at $5.3 billion following a fresh attraction of $267 million in funding. The round was led by TIP, an innovation fund within the Ontario Teachers’ Pension Plan Board that focuses on late-stage venture and growth equity investments in companies that […]

November 5, 2020
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2min00
The sovereign wealth fund is investing $1.3 billion in Reliance Retail for a 2.04% equity stake in the largest retail chain in India. The investment values Reliance Retail, which was founded in 2006, at $62.4 billion, the Indian firm said. Reliance Retail, which serves more than 3.5 million customers each week (as of early this year) through […]

November 3, 2020
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1min00
U.S. asset manager Waterfall has agreed to buy UK firm Alternative Credit Investments $827 million in cash, the companies announced. The acquisition price of 870 pence per share represents a premium of around 5.1% to the closing price of 828 pence per share of Alternative Credit Investments, formerly Pollen Street Secured Lending, on Feb 24. ACI’s […]

October 28, 2020
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1min00
Barclays Bank has raised  $521million through a green bond issuance, which will be used to finance or re-finance mortgages on energy efficient residential properties. The green bond, which matures in 2026, attracted strong institutional investor interest and was over-subscribed five times, the bank said. Green bonds are used to finance clean energy and environmental projects […]

October 28, 2020
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2min00
Jack Ma’s Ant Group has just pulled off the biggest share sale in history, marking a huge win for the Chinese tech champion and the country’s stock market. The tech company behind China’s largest online payments platform priced its dual listing on the Hong Kong Stock Exchange and Shanghai’s Star Market at 80 Hong Kong dollars ($10.32) and 68.8 yuan ($10.26) […]

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