News Listing

The injection of over $200m in a Series D financing round has pushed Nium, a Singapore-headquartered payments platform into the ranks of unicorns. Founded in 2015, Nium has also become the first B2B payments unicorn from Southeast Asia.

Canada Pension Plan Investment Board (CPPIB) has appointed Suyi Kim as senior managing director and global head of private equity effective September 15.

Navis Capital Partners has raised $900 million for Navis Asia Fund VIII as well as a continuation fund for five portfolio companies from Fund VI.

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.

KKR has made an investment into EQuest Edcation Group, operator of a diversified portfolio across Vietnam’s education sector.

iGlobe Partners has raised $100m for iGlobe Platinum Fund III which will be making investments in smart cities, synthetic biology and fintech.

Harbourvest has added Singapore to further extend the firm’s global footprint to eleven locations.

TPG has agreed to acquire a majority interest in NewQuest Capital Partners, a private equity secondaries platform focused on Asia Pacific.

Business

SVCA is pleased to announce the formation of a new Digital Adoption Committee.