There’s a need to recognise that finance can be a force for good: ABC World Asia
The impact investor closed its first fund in January 2020 at $303m. It has deployed $73m so far.
Riding on China’s rich, Oakwise Capital looks to triple family office unit AUM in three years
Oakwise’s PE strategy focuses on investing in companies at the pre-IPO stage.
Rainforest, a buyer of Amazon brands, launches with $36m seed funding led by Nordstar
The funding was a mix of equity ($6.5m) and debt ($30m).
IFC proposes $40m COVID-19 loan to Cambodia’s Hattha Bank
The investment is in the form of a seven-year subordinated loan.
Singapore’s Temasek backs DNA sequencing firm Oxford Nanopore’s $271m funding
The funding round values Nanopore at about $3.44 billion ahead of a planned IPO.
SG e-commerce aggregator Una Brands raises $40m in 500 Startups-backed seed round
The startup seeks to acquire and scale e-commerce brands in Asia.
China’s Tencent in talks with US security panel to keep stake in gaming developers
Tencent wants to keep control of Epic Games and Riot Games.
Australia’s competition regulator plans to block deal between Qantas and Japan Airlines
The deal, which allows the airlines to coordinate fares and schedules, “harms competition”.