Heritas Capital has secured $60 million from IMC Group and Tsao Family office, for Fund III, a pan-Asia impact fund which it hopes to raise $150 million for, Chik Wai Chiew, CEO and Executive Director at Heritas Capital told SVCA.
KKR and TIGA Investments are leading a consortium to buy out existing private equity investors HPEF Capital Partners (former HSBC Private Equity) and CVC Capital Partners from The Executive Centre (“TEC”), a flexible office space solutions provider with properties across Asia and the Middle East.
SMRT Ventures and Malaysia-listed Yinson Holdings are investing in autonomous vehicle tech startup, MooVita Pte Ltd (“MooVita”) in a Series A funding round.