Taiwan’s Cathay Life Insurance commits $60m to US-based Genstar Capital’s Fund X
Genstar Capital is seeking to raise $8 billion for its latest fund.
Malaysia’s AmBank seeks to raise around $196m via private placement
The bank has proposed a placement of 300 million new shares.
FMO approves $50m investment in microfinance lender BRAC Bangladesh
The 5-year facility will be fully earmarked for the financing of the microloan portfolio of the company.
Canada’s CDPQ bullish on SE Asia prospects, to up tech investment focus
CDPQ, an active LP, may also look at increasing its exposure to co-investment opportunities.
SG’s neo-banking startup StashFin raises $40m to expand ops in South Asia
It plans to ramp up its presence in India and focus on newer markets like Nepal, Sri Lanka.
Singapore’s Verge HealthTech fund closes maiden vehicle at $7.6m
Verge Healthtech has so far made investments in 11 startups, of which five are based in Singapore.
India: NIIF acquires stake worth $287.6m in Manipal Hospitals
The investment by NIIF’s Strategic Opportunities Fund is its first in the healthcare sector.
US-based investor Interups picks up 49% stake in India’s TruJet airline
TruJet plans to utilize the funds received from share sale to expand operations.