Baring Private Equity Asia’s credit unit, BPEA Credit, on Monday announced that it has closed its third private credit platform, BPEA Credit – India Fund III, with capital commitments worth $475 million. Fund III, which is incorporated in the state of Mauritius, has secured commitments from several North American pension fund managers such as the… Continue reading India: BPEA Credit closes Fund III with capital commitments worth $475mThe third fund is more than three times larger than its predecessor fund
Category: Tech News
Category Added in a WPeMatico Campaign
China Renaissance appoints key execs in SE Asia expansion drive
China Renaissance Holdings Ltd has appointed two senior executives in Singapore, the lender said in a statement on Monday, as the investment bank looks to expand its operations in Southeast Asia. The move comes at a time where tough measures to combat the spread of COVID-19 in China and Hong Kong have led to some entrepreneurs and investors to set up shop or expand… Continue reading China Renaissance appoints key execs in SE Asia expansion drive
Blackstone to buy majority stake in Emerson’s $14b climate tech unit
US industrial firm Emerson Electric Co is selling a majority stake in its climate–technologies unit to Blackstone Inc, in a deal that would value the unit at $14 billion including debt, the Wall Street Journal reported on Monday. The deal, expected to be announced later in the day, would give Blackstone a 55% stake in the unit, according to the report, citing executives. Emerson would retain a 45% stake. Blackstone and its co-investors would contribute $4.4 billion… Continue reading Blackstone to buy majority stake in Emerson’s $14b climate tech unit
Hong Kong may allow retail investors to trade in crypto
Hong Kong is looking to allow “a suitable degree” of crypto access to retail investors, and its market regulator will soon kickstart a public consultation for the same, according to a policy statement announced on Monday. “Hong Kong is open to the possibility of having exchange traded funds (ETFs) on virtual assets in Hong Kong,”… Continue reading Hong Kong may allow retail investors to trade in crypto
Elon Musk considers making verification a Twitter Blue perk
With Elon Musk in charge, Twitter is planning to boost the price of its Blue subscription plan from $5 to $20 per month and make it mandatory for verified users, according to Platformer‘s Casey Newton and The Verge. If it launches the plan, verified users (celebrities, politicians, journalists, etc.) will have to sign up to… Continue reading Elon Musk considers making verification a Twitter Blue perk
Mopar shows off its electrified Jeep ‘CJ Surge’ concept at SEMA 2022
As the 2022 Specialty Equipment Market Association (SEMA) trade show kicks off Monday in Las Vegas, Mopar — Stellantis’ OEM accessory division — unveiled a trio of intriguing concept vehicles, led by an electrified Jeep CJ. Even more exciting, the battery electric technology behind it could portend a restomod revival of classic American muscle cars.… Continue reading Mopar shows off its electrified Jeep ‘CJ Surge’ concept at SEMA 2022
Cleantechnica: GM Suspends Advertising On Twitter — At Least Temporarily 002347
This week, General Motors (GM) announced it was taking a break from advertising on Twitter. The move came as Tesla CEO Elon Musk finalized his purchase of the social media platform. Most users expect editorial changes to reflect Musk’s previous pledges to reduce content moderation in what he has described as actions to promote free… Continue reading Cleantechnica: GM Suspends Advertising On Twitter — At Least Temporarily 002347
Roomba robot vacuums are up to 35 percent off at Amazon
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing. Robot vacuums can be a godsend if vacuuming… Continue reading Roomba robot vacuums are up to 35 percent off at Amazon
Twitter was targeted by a coordinated trolling campaign following Musk takeover
Following Elon Musk’s takeover, Twitter was the target of a coordinated trolling campaign, according to Yoel Roth, the company’s head of safety and security. In a thread spotted by The Guardian, Roth said late Saturday that Twitter was working to stop an “organized effort” by trolls to make people think the company had weakened its… Continue reading Twitter was targeted by a coordinated trolling campaign following Musk takeover
MindWorks upsizes Fund IV target to $250m, ropes in HKU endowment fund as LPThe firm had initially planned to raise $150-200 million.
MindWorks Capital, a Hong Kong-based venture capital (VC) firm with investments in logistics giant Lalamove, has upsized the fundraising target of its Fund IV to about $250 million amid rising investors’ interest in a pan-Asia strategy. MindWorks, which focuses on cross-border startups in the pan-Asian market, is in the process of raising $200-250 million for… Continue reading MindWorks upsizes Fund IV target to $250m, ropes in HKU endowment fund as LPThe firm had initially planned to raise $150-200 million.