CLSA Capital Partners has closed its third Asian real estate fund - Fudo Capital III - at the hard cap of $1 billion, exceeding its initial target of $850 million.
The fund, managed by CLSA's real estate investment unit Fudo Capital, launched in early 2014 and reached a first close of $385 million in March last year. Another close of $537 million came in June this...
Sequoia Capital closed its latest set of funds for deployment in India and Southeast Asia with $1.35 billion in commitments.
Ucommune, a Chinese co-working space operator that failed to get traction with an attempted New York IPO last year, has been acquired by a US-listed special purpose acquisition company (SPAC) at a valuation of $764.9 million.
Indies Capital, a Singapore-based GP focused on Indonesia, has reached a first close of $100 million for its third flagship private equity and credit fund.
EQT has submitted a revised offer to acquire New Zealand retirement village player Metlifecare at a lower valuation after facing a legal challenge over its attempt to terminate a previously agreed deal.