A consortium led by Japan Industrial Partners is considering a takeover of Toshiba Corp. at a valuation of about $16.1bn in what could be Asia’s biggest buyout this year, according to people familiar with the matter. The JIP-led group, which is the preferred bidder to...
Sidra Capital, the Saudi based alternative asset manager, partners with BlackRock Alternatives to announce the first close of the Sidra-BlackRock Asia-Pacific Private Equity Strategy. The bespoke strategy looks to provide investors with unique Shari’ah compliant...
Ares Management Corporation, a global alternative investment manager, has held the final closing of its Ares Special Opportunities Fund II (ASOF II) at its hard cap of $7.1bn of commitments, including General Partner commitments, way in excess of its $4bn target. In...
Indian digital payments firm PhonePe is in talks to raise funds in a round led by General Atlantic at a valuation of $12bn, financial news website Moneycontrol reported on Friday, citing people aware of the matter. U.S. private equity group General Atlantic is likely...
KKR & Co (KKR.N) and Abu Dhabi state fund Mubadala Investment said they had entered into an agreement to invest about $1bn in Asia. The agreement, announced on Sunday, will see the two firms investing across performing private credit opportunities in the Asia... 