
NPS, Macquarie-backed Megabox goes on sale
Megabox, the South Korean movie theatre chain 50% owned by a consortium including the Korean National Pension Service (NPS) and Macquarie Group, is being sold at auction.
According to Reuters, Nomura Holdings is acting as the sell-side advisor for the deal which is estimated to be worth about $580 million. Teaser letters have already been sent out to potential bidders with...
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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.