
GLP to invest in Everstone’s India logistics JV
IndoSpace, an Indian industrial and logistics facility developer backed by Everstone Group, has formed a local partnership with GLP that will see the warehouse developer invest in IndoSpace Core, its joint venture with Canada Pension Plan Investment Board (CPPIB).
IndoSpace plans to leverage GLP’s fund management, development, and operational expertise and customer network to strengthen its position in India. The company has over $2 billion in assets under management...
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Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.