New Zealand’s Infratil to raise $704m for data centre investmentsThe fundraising will comprise of an underwritten placement of NZ$1 billion and a non-…

New Zealand’s infrastructure investor Infratil on Monday said it was looking to raise NZ$1.15 billion ($703.8 million) to fund further investment into data centre operator CDC amid increased demand for cloud adoption and generative AI. The fundraising will comprise of an underwritten placement of NZ$1 billion and a non-underwritten retail offer of NZ$150 million. The… Continue reading New Zealand’s Infratil to raise $704m for data centre investmentsThe fundraising will comprise of an underwritten placement of NZ$1 billion and a non-…

Advent, ADIA unit to acquire minority stake in Fisher Investments

Fisher Investments on Sunday said U.S.-based private equity firm Advent International and a unit of the Abu Dhabi Investment Authority (ADIA) have agreed to acquire a minority stake in the money-management firm valuing it at $12.75 billion. Fisher Investments said the investment will be in the range of $2.5 billion to $3 billion. Ken Fisher… Continue reading Advent, ADIA unit to acquire minority stake in Fisher Investments

CDH Investments partners China’s state capital investor for $345m mezzanine fund

China-focused CDH Investments, which manages over $27 billion, has joined hands with a state capital investor for the launch of a mezzanine fund to deploy about 2.5 billion yuan ($344.6 billion) in internet data centre (IDC) infrastructure. Alternative asset management firm CDH Investments set up the fund, dubbed “CDH Zhiwen Mezzanine Fund,” in partnership with… Continue reading CDH Investments partners China’s state capital investor for $345m mezzanine fund

Charticle: E-commerce funding in Southeast Asia dives to a new low in Q1

Funding into e-commerce startups in Southeast Asia dropped to the lowest level in at least four years in the first quarter of 2024 despite a pickup in overall consumption. E-commerce startups in the region could garner only $18 million in Q1, down by a steep 97.2% from the previous quarter despite a marginal increase in… Continue reading Charticle: E-commerce funding in Southeast Asia dives to a new low in Q1