United Overseas Bank (UOB) is in discussions with private credit investors to sell a $1.3bn loan tied to Shimao Group Holdings’ Beacon Peak luxury apartment project in Kowloon Tong, Hong Kong. The loan, issued in 2022, is due by September 2025 and is integral to...
Francisco Partners announced the final close of FP Credit Partners III at $3.3bn, exceeding its initial $2.3bn target and surpassing its predecessor fund, which closed at $2.2bn in 2021. This milestone reflects growing investor appetite for credit investments in the...
Permira and Blackstone, the private equity owners of German online auto marketplace Mobile.de, are weighing a potential initial public offering (IPO) for the platform. The IPO, which could value Mobile.de at up to €10bn ($10.42bn), is being discussed as a major...
ByteDance, the Chinese parent company of TikTok, is exploring alternatives to selling its US operations in order to comply with national security requirements, according to General Atlantic CEO Bill Ford. Speaking at the World Economic Forum in Davos, Ford suggested...
USI Partners raised an additional $139m for its Southeast Asia-focused energy transition strategy, bringing the total fund size to $259m. The investment includes significant contributions from British International Investment (BII) and Dutch development bank FMO, with... 