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Category: Software and Hi-Tech

Manila-based Navegar soars to $197m Fund II final close

Philippines private equity house Navegar has held a target-beating $197m final close for its second fundraise.

Searchlight Capital brings in Centerbridge Capital veteran Weinstein as one of two new managing directors

Searchlight Capital Partners has brought in Centerbridge Capital veteran Elliott Weinstein as one of two new managing directors.

CDC Group commits $100m into Africa-focused impact fund

The British government-backed group is committing to Helios Investors IV fund, which aims to raise $1.25bn to support initiatives in African countries

Man Capital’s Mansour: Coronavirus will see family offices emerge from the shadows

Family offices have developed over the past decade to become sophisticated investors ready for the next stage of growth

Capza, Amiral Gestion speed to €400m ‘one and done’ close for third joint debt fundraise

European investment house Capza and asset manager Amiral Gestion have hit a €400m first and final close for their third joint fundraise through their Artemid subsidiary.

Avista Capital brings in industry experts Schiess, Klitgaard as newest operating execs

Healthcare-focused private equity house Avista Capital Partners has brought in Steve Schiess and William Klitgaard as its newest operating executives.

China policy round-up: Trade deal implementation to be reviewed, foreign minister warns of ‘new Cold War’, Trump hits Wechat, Tiktok with executive orders

In this round-up, China and the US will examine the progress made from the phase one trade deal, the Chinese foreign minister says a ‘new Cold War’ is not what Beijing wants, and a pair

Deutsche Bank fined $150m for Epstein compliance failures

The fine is the latest in a long line of litigation against the bank, which has paid out billions to settle a litany of investigations over the past 10 years

Excess supply hits Philippine bonds in secondary market

Dollar bonds sold by a number of Philippine issuers in the past two months have dipped in the secondary market, as a combination of too much supply too quickly and tight pricing puts pressure on

KKR hires LaSalle IM chairman to advise on European real estate investments

As the US buyout group continues its push into European real estate, Simon Marrison will join as senior adviser

Chailease Vietnam closes $60m loan

The Vietnam subsidiary of Taiwanese leasing and financing firm Chailease Finance Co has boosted its loan size to $60m.

Shanghai Henlius gets CSRC nod for equity issue

Hong Kong-listed Shanghai Henlius Biotech has won approval from the Mainland securities regulator to sell a chunk of new shares.

Excellence Commercial Property readies $300m HK listing

China’s Excellence Commercial Property and Facilities Management Group is preparing to launch its Hong Kong IPO this month, according to a source close to the deal.

BMW scores first public corporate dim sum in eight months

BMW Finance, a subsidiary of German carmaker BMW, sealed a Rmb500m ($72m) three year dim sum bond on Thursday. It was the first publicly sold offshore renminbi trade by a corporation since November last year.

Investors snap up Qingdao LGFV bonds

Chinese local government financing vehicle Qingdao China Prosperity State-owned Capital Operation (Group) Co followed its peers to take an aggressive approach to pricing its $200m bond.

NAventures leads $16m Series A round for financial data platform Flinks

Canada-based Flinks, a financial data platform, has closed its Series A round on $16m, with NAventures leading the round.

Henderson-led consortium seeks HK$20bn for Yau Tong Bay project

A consortium-led by Henderson Land Development is in talks with banks for a new loan to support its development of a residential project in Hong Kong.

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