In 11 years, PropertyGuru has evolved from a Singapore start-up into the leading online real estate listings platform in five Southeast Asian markets. Co-founder Steve Melhuish reviews the ups and downs
Q: What led to PropertyGuru being founded? A: It was 2007 and the Singapore property market had been fairly quiet for seven years. The economy was booming, the government had launched an immigration...
California Public Employees’ Retirement System (CalPERS), the largest public pension fund in the US, plans to deploy up to $13 billion a year in direct private equity deals through two newly formed funds.
Japan Post Bank plans to increase the size of its alternatives portfolio more than fivefold in the next three years to JPY8.5 trillion ($76.5 billion). More than JPY2 trillion of this will be allocated to private equity.
Digital Garage and Toyota Tsusho, a division of Japanese automotive giant Toyota Group, have co-led a $30 million Series D round for Indian used-car trading marketplace Droom.
L Catterton Asia will invest INR1.7 billion ($25 million) in India-listed integrated fashion retailer Future Lifestyle Fashion (FLF).