Pierfront Capital Fund Management, a Singapore-based fund manager offering private credit solutions to real asset sectors, has closed its second fund at $700 million, per an announcement. The capital raised includes $450 million of investor commitments and co-investment commitments. The fund – Keppel-Pierfront Private Credit Fund – is jointly sponsored by Singapore-based real estate financing… Continue reading Singapore-based Pierfront Capital closes $700m second credit fundThe fund has already deployed or committed 75% of its capital.
Tag: Strategy
Malaysia’s Permodalan to add infrastructure assets next year in diversification drive
Malaysia’s largest asset manager, Permodalan Nasional Bhd (PNB), plans to add infrastructure assets into its portfolio from next year to diversify its exposure and navigate the current high inflationary environment, its top executive said. PNB, which managed 336.7 billion ringgit ($72.46 billion) of assets in 2021, has the majority of its portfolio invested in public… Continue reading Malaysia’s Permodalan to add infrastructure assets next year in diversification drive
KIA TOPS STRATEGIC VISION 2022 TOTAL QUALITY IMPACT AWARDS
Four Kia models ranked at the top of their respective segments Kia K5, Seltos, Sorento Plug-In Hybrid, and Carnival each received top marks K5 TQI score ranked above every mass-market and luxury car1 in TQI The Total Quality Impact (TQI) report measures total vehicle satisfaction among new car owners IRVINE, Calif., Oct. 3, 2022 /PRNewswire/ —… Continue reading KIA TOPS STRATEGIC VISION 2022 TOTAL QUALITY IMPACT AWARDS
Global Automotive App Stores Market Analysis Report 2022 Featuring Faurecia, Harman, Visteon, Google, & Apple
DUBLIN, Oct. 3, 2022 /PRNewswire/ — The “Strategic Analysis of Automotive App Stores Market” report has been added to ResearchAndMarkets.com’s offering. The study addresses new business models, growth opportunities and recommendations for different stakeholders to envision better customer-centric decisions and integrate technology and connectivity in cars. This strategic analysis of app stores offers insight into a… Continue reading Global Automotive App Stores Market Analysis Report 2022 Featuring Faurecia, Harman, Visteon, Google, & Apple
Toshiba says it received multiple in-depth proposals in 2nd round
Toshiba Corp said on Friday it had received multiple in-depth written indications of interest from potential partners in a second bidding round for strategic alternatives. The written indications of interest included some that were legally binding and they varied in their degree of completeness, the Japanese conglomerate said in a statement. Toshiba would engage with the bidders… Continue reading Toshiba says it received multiple in-depth proposals in 2nd round
Vontier Completes Acquisition of Invenco
RALEIGH, N.C., Oct. 3, 2022 /PRNewswire/ — Vontier Corporation (“Vontier”) announced today that it completed its previously announced acquisition of Invenco, a leading global provider of open platform retailing and payment hardware and software solutions. Invenco will function as part of Gilbarco Veeder-Root (GVR), an operating company within the Mobility Technologies platform, to help expand their… Continue reading Vontier Completes Acquisition of Invenco
Automotive Wheel Market to Record a CAGR of 4.57%, Accuride Corp. and BORBET GmbH Among Key Vendors – Technavio
NEW YORK, Oct. 2, 2022 /PRNewswire/ — The “Automotive Wheel Market by Vehicle Type and Geography – Forecast and Analysis 2022-2026″ report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has been partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the automotive wheel… Continue reading Automotive Wheel Market to Record a CAGR of 4.57%, Accuride Corp. and BORBET GmbH Among Key Vendors – Technavio
The LP View: Pictet sees slower fundraising, more LPs-turned-GPs ahead
Swiss bank Pictet Group, a limited partner in private equity (PE) and venture capital (VC) firms in Asia, sees significant potential in Southeast Asia and India, even as there is a slowdown in dealmaking in the region. “I will put India in the same bracket as Southeast Asia – these are markets where there is… Continue reading The LP View: Pictet sees slower fundraising, more LPs-turned-GPs ahead
@BMW: Two podiums for the BMW M4 GT3 at IMSA season finale.002304
Road Atlanta, GA – October 02, 2022… The BMW M4 GT3 teams managed to score top results in the season finale of the 2022 IMSA WeatherTech SportsCar Championship at Road Atlanta (USA). In the GTD-PRO class, BMW M Team RLL finished second with the MOTUL BMW M4 GT3, securing the team’s best finish of the season.… Continue reading @BMW: Two podiums for the BMW M4 GT3 at IMSA season finale.002304
China’s Zhejiang Geely buys 7.6% stake in Aston Martin
Chinese automotive company Zhejiang Geely Holding Group said on Friday it bought a 7.6% stake in British luxury carmaker Aston Martin but did not disclose the deal value. Based on Aston Martin’s closing share price on Sept. 28, the stake is valued at 7.55 billion pounds ($8.39 billion). It was bought by Li Shufu, founder and chairman… Continue reading China’s Zhejiang Geely buys 7.6% stake in Aston Martin