
Temasek's Charles Ong joins brother Richard at RRJ Capital
Charles Ong, senior managing director of Temasek Holdings, has been “seconded” to newly formed RRJ Capital, run by his brother Richard, who co-founded Hopu Investment Management.
According to Temasek's website, Ong "is seconded to RRJ Capital from 1 September 2011." No further details on his role at the fund have been released, though a Reuters report notes he will remain a senior...
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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.