Japan's JST builds $451m alternatives portfolio in debut year
University endowment Japan Science & Technology Agency (JST) put JPY 9.96trn (USD 69.7bn) to work in its first 12 months in operation, with JPY 64.3bn going into alternatives.
Of the allocation to alternative assets, JPY 29.8bn went into private equity, JPY 13.1bn into real estate, and JPY 7bn into infrastructure, according to the endowment’s annual report. All these commitments...
More on North Asia
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.