Korea Investment Corporation (KIC) and Kingdom Holding Company (KHC), an investment company controlled by Saudi billionaire Prince Alwaleed bin Talal, have agreed to collaborate on private equity investment opportunities.
The prince signed a memorandum of understanding with Hank Ahn, chairman and CEO of KIC, in Riyadh on Tuesday. According to a KHC release, this will be the first partnership between the sovereign wealth...
China’s MSA Capital has joined a $30.5 million round for Saudi Arabian B2B services marketplace Sary as part of a deepening Asia-Middle East agenda.
Huoban.com, a Chinese zero-code application building platform has raised $17 million in Series B funding led by 5Y Capital and Sequoia Capital China. Challenjers Capital also took part in the round.
Apollo Management has submitted a A$4 billion ($3.1 billion) bid for the wagering and media and gaming services businesses of Tabcorp Holdings, Australia’s largest gambling company.
David Swensen, head of the Yale University endowment who pioneered a new approach to institutional investment management, has died aged 67 following a long battle with cancer.