TPG-backed PropertyGuru eyes US$2 billion Thiel SPAC deal

TPG-backed PropertyGuru eyes US$2 billion Thiel SPAC deal

Bridgetown 2 Holdings Ltd., the blank-cheque company backed by billionaires Richard Li and Peter Thiel, is in advanced talks to merge with Singapore’s online real estate firm PropertyGuru, according to people with knowledge of the matter. The special purpose...
Denham Capital keen on selling $774m of energy assets

Denham Capital keen on selling $774m of energy assets

US private equity fund Denham Capital is looking to shed $773.5m worth of Aussie and Asian assets, including renewable energy assets held by its Singapore-based platform Nexif Energy, The Australian reports. Through Nexif, the Houston-based investor owns renewable...
Blackstone, Carlyle reduce presence in Latin America

Blackstone, Carlyle reduce presence in Latin America

They came to Latin America a decade ago, when the economy was booming. Now, many private equity companies are liquidating their investments and reducing their presence in the region to escape the volatility of currencies and faltering economies, devastated by the poor...