Greater China
Over 67.9% of the 340 Chinese unicorns are led by founders from a domestic university.
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OpenAI launches new series of AI models with 'reasoning' abilities
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Blackstone mulls selling stake in visa firm VFS Global
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US auto safety regulator opens probe into some VinFast EVs
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China's Ant Group refinancing $6.5b credit line
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SUSI Partners buys 39 MW wind farm in Vietnam from Norway's Scatec
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Insurance LPs typically prefer a more fixed income type of returns.
Singapore
The investment manager has scored three exits in 2024 and two last year in Asia.
India
“The year has been relatively quiet [for growth stage deals},” says Catamaran’s Deepak Padaki.
AppWorks institutionalised its fund investing activity in early 2022.
The investment firm is focused on LP stakes in funds rather than single-deal secondaries.
HKUST has so far backed 10 tech unicorns such as DJI Technology, 4Paradigm, and SmartMore.
“Valuations are reasonable in the GP-led secondary market,” says Alpin Mehta.
Malaysia
Dana Pemacu is a $1.3b co-GP programme that will pair global and local fund managers.
Noah subsidiary Gopher will prepare a new USD FoF to back global fund managers.
