Danish serial entrepreneurs Mads Faurholt and Stefan Bruun have sold their stake in the comparison platform CompareAsiaGroup through their investment company Nova Founders Capital at a price that values the company at more than $200 million. The sale follows just...
Sabana Shari’ah Compliant Industrial REIT and ESR-REIT, two Singapore-listed real estate investment trusts, are being urged to merge by activist fund Quarz Capital Management Ltd. Quarz began buying into Sabana REIT in 2018 and controls around 4% to 5% of the firm,...
Billionaire David Rubenstein predicts faster growth in Asia-based companies Singapore may be the best place to start a private equity firm, according to David Rubenstein, co-founder and co-executive chairman of industry heavyweight Carlyle Group, who expects...
Singapore’s Jungle Ventures said on Wednesday it has raised $240 million from investors, including Temasek Holdings, for a third fund designed to back Southeast Asian startups, highlighting the growing interest in the region’s technology firms. Jungle Ventures’ latest...
L Catterton, the $15 billion private equity firm co-founded by luxury-goods maker LVMH Moet Hennessy Louis Vuitton SE, has closed its third Asia fund to back more retail and healthcare companies across the region. L Catterton Asia 3 had a target of $1.25 billion, but... 