
Goldman Sachs leads $400m investment in Korean gas producer
A Goldman Sachs-led consortium has acquired a controlling stake in the industrial gas business of South Korean conglomerate Daesung Group for $400 million, including $200 million in convertible bonds.
It is the first Korea deal completed by the investment bank's private equity unit since the previous local team spun out to form Anchor Equity Partners. Korea activities are now led by Stephanie Hui, the...
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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.