Singapore-based asset manager Dymon Asia Capital has received a commitment worth $500 million from Temasek Holdings to start a hedge fund seeding venture at a time the Asian industry is starting to recover after six years of sluggish growth.
Fund of funds
Breaking News
Menlo Park, US-based venture capital firm Mayfield Fund closed $108 million for its second fund which will focus on tech, consumer, and infrastructure startups in India.
Union Square Ventures, a New York-based venture capital firm, has secured $350 million which will be divided between its fourth early stage fund and second "opportunities" fund, Fortune reported.
Peter Thiel, the early investor of Facebook, aims to raise $750 million for its fifth fund, according to a presentation from his venture firm Founders Fund obtained by Bloomberg News.
California, US-based venture capital firm Andreessen Horowitz is in the process of raising $1.5 billion for its new fund, according to Fortune LP whisperer Dan Primack.
Bangalore, India-based early-stage investment firm Inventus Capital Partners closed its second fund totaling $106 million to invest in digital services startups in India and the US.
Blume Ventures, an early stage investor, is set to launch its second venture capital in May or June this year. It will invest a significant portion of its capital to the existing companies in Blume's portfolio, The Economic Times reported.
New York, US-based firm Apollo Global Management LLC announced on Thursday that it had raised $17.5 billion for the Apollo Investment Fund VIII, the largest private equity fund raised since the financial crisis.
Schaft Inc Co-Founder Takashi Kato has launched 246 Capital, a fund that seeks to invest in technologies by Japanese startups and universities not noticed by investors, Bloomberg reported.
New York-based private equity firm KKR & Co was able to gather $2 billion for a fund called the KKR Special Situations Fund that will provide financing to distressed firms in North America, Europe and Asia.
Singapore's Oversea-Chinese Banking Corp. Ltd. recently launched a $100 million private equity fund to invest in onshore Chinese companies over the next five years. The said fund will managed by OCBC Capital Equity Investment Management Co. based in Shanghai.
Citing sources, a PEHUB report said private equity firm Z Capital Partners is eyeing a hard cap of $750 million for Fund II after exceeding its target.
A regulatory filing showed that Fortress Transportation and Infrastructure Investors intends to raise up to $100 million in its initial public offering in New York, Reuters reported.
After a mistaken bet on US Treasuries, assets of Pimco Total Return Fund sank by $41.1 billion last year, making it fund's worst showing in nearly two decades, Reuters reported.
John Hancock Funds and Merk Investments LLC, the top US foreign-exchange mutual funds who earned profits last year, had opposing views about the US dollar's performance this year, a Bloomberg report said.
