Northstar's Singapore buyout starts a new ERA
Singapore property developers sold 481 new homes in July, about one quarter of the previous month's total. It was the predictable result of real estate cooling measures introduced at the end of June that restrict monthly mortgage payments to no more than 60% of a buyer's income.
House prices have become a political hot potato as the city-state's middle classes find it struggle to compete in a market that is becoming increasingly expensive relative to average wages. The government...
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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.