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Founders of Asia s family-owned companies seek private equity exit

Dealmakers across Asia are busy fielding calls from company founders who are mulling letting go of their life’s work as the Covid-19 pandemic has upended how global business is done. After riding the region’s rise over the past decades, family firms that dominate the economic landscape are now also looking for bigger partners, help to modernize management teams and in succession planning, according to consultants, bankers and private equity firms. “We’ve seen founders, particularly the older entrepreneurs, saying there are more challenges in the world now and that they’re thinking about succession issues and management issues,” said Ed Huang, co-head of Asia acquisitions in private equity at Blackstone Group Inc. “Private equity is better understood now as either a potential strategic partner or as an exit path.”

Asia family-owned business: Asia s family-owned firm founders seek private equity exit

Synopsis Publicly listed family firms in Asia have a market capitalization of more than $5.56 trillion, according to Credit Suisse Group AG. In Hong Kong and Singapore 70 per cent and 60 per cent of listed firms, respectively, are family-backed businesses, a report from the Family Firm Institute showed. Reuters Globally, family firms are more pessimistic short-term than non-family run firms, but expect business to normalize quicker three years ahead, a Credit Suisse survey off a data base of more 1,000 firms showed. Dealmakers across Asia are busy fielding calls from company founders who are mulling letting go of their life’s work as the Covid-19 pandemic has upended how global business is done.

Gwalior School Education News Remedial class will be run for those who will score less marks in half year Exams

Gwalior School Education News Remedial class will be run for those who will score less marks in half year Exams
naidunia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naidunia.com Daily Mail and Mail on Sunday newspapers.

विश्व हिंदू महासंघ की बैठक में हुई पदाधिकारियों की घोषणा

विश्व हिंदू महासंघ की बैठक में हुई पदाधिकारियों की घोषणा
amarujala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from amarujala.com Daily Mail and Mail on Sunday newspapers.

Machine Learning Helps High-Performance Computing (HPC) Go Mainstream

RIKEN Center for Computational Science Arm-powered Fugaku, in Kobe, Japan, is the the world s fastest supercomputer as of November 2020, according to Top500.org. Machine Learning Is Helping High-Performance Computing Go Mainstream Proliferation of AI, in combination with cloud platforms making it easier to test the waters, have led more IT organizations to turn to HPC-style infrastructure. Once confined to specialized workloads with high compute requirements, such as academic and medical research, financial modeling, and energy exploration, high-performance computing, or HPC, has in recent years been finding its way into IT of all stripes. This has partly been brought about by the mainstreaming of machine learning (a subset of artificial intelligence), which generally operates at a snail s pace on conventional servers and needs the added oomph that HPC brings to the table.

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