Greater China
The sale lowered Berkshire’s holdings in BYD’s issued H-shares to 9.87% from 10.05%.
Berkshire Hathaway sells $59m worth of shares in Chinese EV maker BYD
Japan's SMBC, Incubate Fund launch new vehicle in SG for fintech investments
S Korean e-grocery platform Kurly raises $91m from existing investors Aspex, Anchor
Chinese automaker BYD to manufacture EVs in Vietnam
Sequoia-backed Indian edtech firm Cuemath lays off 100 employees
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Climate investor TRIREC to raise $100m third fund, to close predecessor at $80m
World
Bain Capital kicked off the fundraising at the start of the year and has already raised about $2b.
India
Multiples founder expects the final close of the fourth fund within a year.
Rest of Asia
Bain’s initial target for the fund was $5b.
“Our differentiator is to focus on lower-tier geographies where there are vast healthcare needs,” said Mayur Sirdesai.
Blackstone has also been considering potential acquisitions in the absence of a sale.
Its predecessor vehicle was closed at $2.2 billion in 2020
CPPIB, IFC, and SBI have joined as anchor investors in the fund.
GIP’s Emerging Markets Fund I has a target of $5 billion.
The fund has a target of $350 million.
