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Taiwan's Cathay Life reduces commitment to Crescent Capital's direct lending fund


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In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We ....

Cathay Financial Holdings , Life Insurance , Crescent Capital , கேத்தே நிதி ஹோல்டிங்ஸ் , வாழ்க்கை காப்பீடு , பிறை மூலதனம் ,

Editor's take: The week that was — July 12-17


BOCOM International, a unit of Hong Kong-listed Bank of Communications, and venture capital firm
Cyberport Macro Fund (CMF).
Tongcheng Life, a Chinese online community group-buying platform backed by
Bertelsmann Asia Investments, has filed for bankruptcy just three years after its inception in August 2018. The startup, which secured an investment of $200 million last June, failed to stay afloat in an increasingly competitive market fuelled by heavy subsidies.
All the deals announced in the region are captured in our deal monitor.
Fundraising by investors continues unabated
Malaysian private equity firm
Creador has made the first close of its fifth fund at $500 million, DealStreetAsia has learnt. The fund is on track to make its final close by the end of this year with a corpus of $680 million. ....

United States , Republic Of , Jawa Timur , Warburg Pincus , Gen Foodsbagged , Cathay Financial Holdings , Texas Permanent School Fund , Phong Bank , Temasek Holdings , Softbank Vision Fund , Tencent Holdings , Texas Education Agency , Hope Group , Financial Group , Tianyi Group , Cyberport Macro Fund , Digital Payments Holdings , Fubon Financial Holdings , Catcha Group , Mitsubishi Ufj , Southeast Asia , Southeast Asian , Icar Asia , Canada Pension Plan Investment Board , Riverwood Capital Partners , Vertex Growth ,

Taiwan's Cathay Life commits $105m to Vertex Growth II, Ardian fund


Taiwan’s Cathay Life commits $105m to Vertex Growth II, Ardian fund
Taipei City, Taiwan. Photo: Thomas Tucker/Unsplash
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Cathay Life Insurance, the insurance subsidiary of Taiwanese conglomerate Cathay Financial Holdings, has agreed to commit a total of $105 million to Vertex Growth II and a vehicle of French PE firm Ardian, according to stock exchange filings.
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Cathay Financial Holdings , Life Insurance , Vertex Growth , கேத்தே நிதி ஹோல்டிங்ஸ் , வாழ்க்கை காப்பீடு , வெர்டெக்ஸ் வளர்ச்சி ,