Private Equity

Singapore’s Tower Capital Asia collects $379M in maiden fundraise

Singapore-based private equity firm Tower Capital Asia has on Tuesday concluded the final closing of its maiden blind-pool private equity vehicle, TOWER CAPITAL PE FUND I, LP. A…

Singapore private equity firm Azalea launches first sustainability fund

Singapore-based private equity (PE) manager Azalea Investment Management Pte. Ltd. (Azalea) said Wednesday it has launched the Altrium Sustainability Fund I (ASF I), which will…

Malaysia’s private equity and venture capital funding up 26.75% to $3.52B in 2021

Malaysia's total committed funds for private equity and venture capital rose 26.75 percent to MYR14.83 billion ($3.52 billion) in 2021 from MYR11.7 billion ($2.78 billion) in…

Australia’s New Forests announces first close of SE Asia-focused fund at $120M

New Forests, an Australia-based global investment manager of nature-based real assets and natural capital strategies, announced Thursday the first close of its Tropical Asia…

Hong Kong’s ITCS Group secures investment from Singapore’s Dymon Asia Private Equity to accelerate growth globally

Hong Kong-based information technology (IT) service provider ITCS Group announced Wednesday that it has secured a strategic growth investment from Dymon Asia Private Equity…

Singapore’s online classifieds platform Carousell in $1.5B SPAC deal talks with L Catterton – report

Singapore-based online classifieds platform Carousell is said to be in talks to go public through a merger with blank-check company L Catterton Asia Acquisition Corp, Bloomberg…

Singapore’s Azalea closes Altrium Private Equity Fund II at $805M

Azalea Investment Management Pte. Ltd (Azalea), an investment unit under Singapore state investor Temasek, announced Tuesday the successful closing of the second fund of its…

Singapore’s Novo Tellus gets nod for SPAC listing on SGX – report

Singapore-based private equity firm Novo Tellus Capital Partners is said to have received permission from the city state's stock exchange to list its blank-cheque company,…

Malaysian securities regulator revises SPAC framework

The Securities Commission Malaysia (SC) announced on Thursday the revisions to the Equity Guidelines in the enhanced Special Purpose Acquisition Company (SPAC) framework to…

Malaysia-based SPAC Kairous Acquisition starts trading on NASDAQ

Kairous Acquisition Corp Ltd, an Asia-focused special purpose acquisition company (SPAC) led by the founder of Malaysia-based Kairous Capital, has started trading on Nasdaq on…