Värde Partners has closed its debut Asia-focused credit fund with approximately $400 million in commitments. The vehicle launched about six months ago with a target of $250 million.
Värde Asia Credit Fund – the firm’s first private equity product dedicated to the region – will follow a similar strategy to that pursued by its manager on a global level, seeking opportunities...
India-based ride-hailing platform Ola has committed $100 million worth of inventory to domestic scooter sharing business Vogo. It is part of a Series A round that also features Matrix Partners India and Stellaris Venture Partners.
Clifford Chance has launched a start-up incubator focused on legal technology and innovation in Singapore.
US-based private equity firm Strattam Capital has acquired a majority stake in Australian workforce management software-as-a-service provider Acendre Partners for an undisclosed sum.
AsiaInfo Technologies, a Chinese telecom software provider that was privatized by a CITIC Capital-led consortium in 2014, has raised HK$899.3 million ($115 million) in its Hong Kong IPO.