Future Fund has posted its first yearly negative return since the global financial crisis, amid economic chaos caused by COVID-19, and rebalanced its private equity portfolio as part of efforts to avoid “excessive risk.”
The sovereign wealth fund said it pared exposure to international growth and buyout managers following a period of very strong performance. Acting CIO Sue Brake told a media briefing that A$6 billion in...
Bond, a US-based technology investment firm established by Silicon Valley stalwart Mary Meeker, has led a AUD 60m (USD 43m) Series C round for Australian telehealth platform Eucalyptus.
KKR has invested USD 45m in GrowSari, a Philippines-based company that helps micro, small, and medium-sized enterprises (MSMEs) take their retail operations online.
WestBridge Capital has led an approximately USD 29m Series B round for Indian small business financial technology provider Vyapar. The company is now valued at around USD 118m.
EQT has sold Elevate, a Hong Kong-based environment, social, and governance (ESG) and supply chain services provider it has backed since 2016, to LRQA, a larger peer in the assurance space.