KKR has teamed up with Hong Kong-based hedge fund LIM Advisors to acquire a commercial property in Seoul’s central business district. It is the private equity firm’s first real estate deal in South Korea.
According to local media, the deal is worth approximately KRW500 billion ($490 million). The 22-floor K Twin Towers, which offers views of the Presidential Blue House, comprises more than 83,800 square...
Monolith Management, an investment firm established by Xi Cao, formerly a partner at Sequoia Capital China, has set the hard cap at USD 250m for its debut China venture capital fund.
Adamantem Capital has acquired a majority stake in Retail Zoo, operator of Australia-headquartered food retail brands Boost Juice and Betty’s Burgers, from Bain Capital for an undisclosed sum.
The Carlyle Group has appointed Harvey M. Schwartz, formerly president and co-COO of Goldman Sachs, as its new CEO.
Crown Resorts represented a daunting target, given its size and pandemic and regulatory-related challenges. The Blackstone Group drew on its global know-how to make the USD 8.1bn deal work