International
Finance
Citi to boost Asia wealth business with 'significant' hires, says global head
Citigroup plans to allocate a significant portion of its global wealth management hiring to Asia, where its private bank......
Infrastructure
BlackRock's GIP teams up with Temasek, Abu Dhabi heavyweights for infra deals
BlackRock's GIP has partnered with Singapore's Temasek and Abu Dhabi's newest wealth fund L’IMAD and state......
Consumer
Carlyle, Yum China among suitors for Jardines' KFC, Pizza Hut chains in Asia
Carlyle Group and Yum China Holdings are among suitors vying for a Jardine Matheson restaurant unit that runs KFC and ......
Finance
KKR to plough $300 mn into private credit fund as losses mount
KKR will inject $300 million into struggling private credit fund FS KKR Capital, the fund said on Monday as it ......
Finance
Asia-Pacific's heirs turn to wealth professionals for succession advice, says UBS
Asia-Pacific's ultra-rich, set to take part in a global transfer of $83 trillion in assets over the coming decades, ......
Finance
Blackstone, BlackRock cut value of their private credit funds
Asset managers Blackstone and BlackRock cut the value of their private credit funds in the first quarter, they said on ......
Manufacturing
Thyssenkrupp, Jindal call off steel sale talks after months of negotiations
Thyssenkrupp has paused talks with India's Jindal Steel International about a possible sale of the German industrial......
Finance
Ares' record $30 bn fundraising eases private credit 'doomsday' fears
Ares Management, one of the biggest names in private credit, reported record first-quarter fundraising of about $30 ......
Manufacturing
Advent, Cinven selling TKE to Kone for $34.4 bn in Europe's largest sell-side PE deal
Finnish lift maker Kone has agreed to buy German rival TK Elevator (TKE) in a deal worth 29.4 billion euros ......
Infrastructure
Allianz Global Investors gets $270 mn for Asian infra credit fund
Allianz Global Investors, European insurer Allianz's asset management unit, said on Monday that it had launched a ......
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