KWAP
500 Global raises $143m for Southeast Asia
500 Global has raised USD 100m for its third Southeast Asia-focused early-stage fund and USD 43m for a vehicle that will target growth-stage start-ups in the region.
Indonesia's eFishery closes $200m Series D
Indonesian aquaculture start-up eFishery has closed a USD 200m Series D round led by Abu Dhabi-based 42XFund and featuring Northstar Group and 500 Global.
Petronas Ventures backs Malaysian drone player
Petronas Ventures, the VC arm of Malaysian oil giant Petronas, has led a USD 30m round for drone developer Aerodyne Group with support from domestic pension fund KWAP.
KWAP joins investor roster for SE Asia telecom spin-out
Malaysia’s public sector pension fund, KWAP, has joined Innovation Network Corporation of Japan (INCJ) and Khazanah Nasional in backing the spin-out of an infrastructure unit of Southeast Asian telecom company Axiata.
Malaysian pension fund KWAP invests in Uber
Malaysia’s public sector pension fund, KWAP, has invested in US-based ride hailing app operator Uber Technologies. This is its first direct investment in a foreign company.
TAP, KWAP invest in Malaysian snack maker
Southeast Asia-focused GP Tremendous Asia Partners (TAP) has teamed up with pension fund KWAP to buy a 30% stake in Munchy Group, a Malaysia-based snacks producer.
LP interview: Malaysia's KWAP
Malaysian pension fund KWAP is adding North America and European exposure to its Asia-heavy private equity portfolio. It is ramping up commitments from a relatively low base