Singapore-based investor CapBridge Investment Trust (CIT) is targeting $100 million for a growth-stage VC fund that aims to improve access to established start-ups for institutional investors.
The vehicle represents the first sub-trust fund under CIT, which is backed by Clearbridge Accelerator, Singapore Exchange (SGX) and Healthios, a US-based capital market focused on the healthcare industry....
Malaysian telecommunications conglomerate Axiata has led a $23 million investment in early-stage Australian advertising technology company Unlockd.
Global and regional private equity firms are increasingly turning their attentions to Vietnam, reassured by the country’s relative economic stability and impressed by the rising number of investable companies.
Navis Capital has agreed to sell its controlling stake in Australia’s Retail Apparel Group (RAG) to The Foschini Group of South Africa in a deal worth A$302.5 million ($225 million).
Chinese film distributor Bona Film Group, which is backed by a handful of PE and strategic investors, has teamed up with Hollywood talent agency Creative Artists Agency (CAA) to launch a $150 million film fund.