CLSA Capital Partners has closed its first private debt fund at $226 million, targeting small to medium-sized enterprises (SME) deemed market leaders in Asia Pacific.
The fund, managed by CLSA’s private credit division Lending Ark Asia, focuses on three-to-five-year maturity secured private debt financing, senior and mezzanine tranches of asset-backed securities,...
Justin Ryan, a managing partner at Quadrant Private Equity and latterly head of the Australian firm’s growth strategy, is stepping back from day-to-day investment activity.
KKR has contributed JPY4 billion ($37 million) to a JPY6.6 billion funding round for Netstars, a Japanese QR code payment gateway operator. SIG and Lun Partners, a Hong Kong-based global financial technology investor, also took part.
Pine Labs, an India payments start-up backed by MasterCard, PayPal, and Sequoia Capital India, has acquired Fave, a Malaysian counterpart also backed by Sequoia India, for $45 million.