Saudi Arabia’s Public Investment Fund (PIF) will invest $500 million into the Russia-China Investment Fund (RCIF), a vehicle established in 2012 by China Investment Corporation (CIC) and the Russian Direct Investment Fund (RDIF).
The commitment – which will bring the total size of the fund to $2.5 billion – comes as Saudi Arabia faces widespread condemnation over the killing of journalist Jamal Khashoggi in the Saudi consulate...
BGH Capital has set the hard cap for its second Australia and New Zealand-focused fund at AUD 3.5bn (USD 2.5bn), having reached a first close of approximately AUD 3bn in November 2021.
GLP, a regional logistics platform that makes private equity investments in ancillary businesses and technologies, has launched its debut Vietnam fund with USD 1.1bn in commitments.
Generation Asia Acquisition, a special purpose acquisition company (SPAC) sponsored by Roy Kuan, formerly Asia managing partner at CVC Capital Partners, has raised USD 200m through a US offering.
India’s M2P Fintech, a software provider that connects banking infrastructure to consumer-facing technology platforms, has raised USD 56m in Series C funding led by Insight Partners.