
Deal focus: Anchorage gets Aussie icon for a song

Anchorage Capital Partners has acquired David Jones, a longstanding and beloved Australian department store chain, for one-fourth the cost of recent renovation work at a single location
South Africa’s Woolworths Holdings acquired Australian department store chain David Jones in 2014 for AUD 2.1bn (USD 1.4bn) and sold it last month to local private equity firm Anchorage Capital Partners...
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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
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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.