Media Super has distinguished itself among larger competitors in Australia by maintaining substantial exposure to alternatives. PE is fading from the allocation mix but VC beckons
In the A$2.7 trillion ($1.9 trillion) Australian superannuation space, even a A$6 billion fund is a minnow that must play by its wits to survive and thrive. Sometimes this means piggybacking the giants....
Abu Dhabi sovereign wealth fund Mubadala has agreed to invest INR90.9 billion ($1.2 billion) in Jio Platforms, the holding company for various internet and telecom assets owned by Indian oil-to-retail conglomerate Reliance Industries.
Bessemer Venture Partners has led an INR1.5 billion ($20 million) Series B round for teleconsultation health platform DocsApp.
Everest Medicines, a China-based biopharmaceutical company, has raised $310 million in Series C funding across two tranches.
Bespin Global, a Seoul and Beijing-based cloud management services provider, has raised RMB530 million ($74.6 million) in a Series C round from SK Telecom and existing investor DY Holdings.