Australia’s Future Fund has appointed Sue Brake as its new CIO and brought in Kelvin Mak, formerly of Navis Capital Partners, as a director in the private equity team.
Brake had served as interim CIO since May when Raphael Arndt, her predecessor, was promoted to CEO. Arndt, in turn, replaced David Neal, who departed Future Fund to lead IFM Investors. Brake will have...
AVCJ’s daily bulletin will not be published on May 19 due to a public holiday in Hong Kong.
Gojek and Tokopedia, two of Indonesia’s best-funded technology start-ups, have completed a merger, forming what they claim is the largest mobile on-demand services and payments platform in Southeast Asia.
DCL Investments, one of China’s first private equity firms to focus on distressed assets, is looking to raise RMB3 billion ($466 million) for its latest renminbi-denominated fund.
Japanese microsatellite developer Axelspace has raised JPY2.6 billion ($24 million) in Series C funding from a group of domestic VCs, including Sparx Group.