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January 26, 2024
The anchor investors for InnoVen Capital China Fund II are InnoVen Capital Group, a joint venture between asset manager Seviora Holdings and United Overseas…
January 26, 2024
An anchor investor for InnoVen’s Capital China Fund II is Seviora Group. Seviora is a wholly owned subsidiary of Temasek, Singapore’s SWF. Established in 2020 with initial assets of US$55 billion, Seviora is a Singapore-based asset management group. The group provides investors access to a wide range of multi-asset and multi strategies investment expertise in…
January 25, 2024
(Bloomberg) -- Ong Beng Seng has a penchant for schmoozing with the elite. That’s led him to business partnerships with actor Sylvester Stallone and Saudi Prince Alwaleed bin Talal, while his decades-long friendship with Formula One supremo Bernie Ecclestone has been credited with bringing the night race to Singapore.Most Read from BloombergUpbeat Musk Can’t Soothe Tesla Investors’ Fears About GrowthRussia Says Ukraine Downed Plane Carrying Prisoners for SwapBoeing Halted Fr...
January 25, 2024
Ranjan Pai, chairman of Manipal Education and Medical Group, is set to emerge as the largest shareholder in Byjus-owned Aakash Institute, with a 40% stake, people aware of the matter said. The Aakash board has approved the conversion into equity of the $300 million Pai invested during 2023, they added.
January 25, 2024
The Aakash board has approved the conversion into equity of the $300 million Pai invested during 2023, they added. This values the company — one of the remaining valuable assets for Byju Raveendrans troubled edtech group — at around $700 million and renders it debt-free.
January 25, 2024
Ola Electric Mobility is a Bangalore-based producer of electric two-wheelers in India. Its production facility may be found in Krishnagiri, Tamil Nadu, India.
January 25, 2024
Here are some start-ups from all over the world that are ones to watch in 2024, including some big players in AI, health and climate-tech.
January 23, 2024
(Bloomberg) -- This year is already shaping up to be a tough one for investors to navigate, with heightened debate over central bank moves, prospects for economic slowdowns and crucial elections around the world all weighing on fund managers’ minds. Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHong Kong Stocks at 36% Discount Show True Depth of China GloomMorgan Stanley, JPMorgan Say Buy the Dip After Treasury RoutNever Trumpers Brace for New Ham...
January 23, 2024
Against this backdrop, Bloomberg News asked executives at major investment firms with almost $2 trillion in combined assets under management about where they plan to put their money in 2024.