Fund focus: Asia Alternatives rides out chaos
Regulatory tumult in China has not materially shaken LP faith in Asia Alternatives or the fund-of-fund manager’s commitment to China – but an increased India allocation is likely in the latest vintage
Asia Alternatives launched its sixth pan-regional fund-of-funds against a backdrop of geopolitical tensions and pandemic-related uncertainty, completed a first close in September 2020, and then was ambushed...
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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.