Hamilton Lane has closed its fifth global secondaries fund on $3.9 billion, with Asian LPs accounting for 17% of the corpus.
The firm said that commitments from Korean investors to Hamilton Lane Secondary Fund V were double the amount received in the previous vintage. It declined to give specific percentages. Asia is also becoming...
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.