Today: September 08, 2024
Today: September 08, 2024

Latest From Kane Wu

Asia|Sports

Olympics-Diving-Chinese women win first gold in clean sweep bid

Chen Yiwen and Chang Yani began China's bid to capture all eight women's Olympic diving golds by winning the synchronised 3-metre springboard event on Saturday.

Olympics-Diving-Chinese women win first gold in clean sweep bid
Asia|Sports

Olympics-China to challenge U.S. for gold medal bragging rights amid doping row

China arrive at the Paris Olympics expecting the torrent of gold medals that has become common for the Asian sporting powerhouse in recent

Olympics-China to challenge U.S. for gold medal bragging rights amid doping row
Business|Economy

Goldman Sachs targets $2 billion for first Asia-focused private equity fund, sources say

Goldman Sachs aims to raise $2 billion in its first Asia Pacific-focused private equity fund, two people with knowledge of the bank's fundraising plan said, as it

Goldman Sachs targets $2 billion for first Asia-focused private equity fund, sources say
Business|Economy

Asia M&A fees drop to 11-year low amid slow-cooked deals, data shows

Financial advisory fees from mergers and acquisitions in Asia dropped to the lowest levels in 11 years in the first half of 2024, with little signs of a quick rebound

Asia M&A fees drop to 11-year low amid slow-cooked deals, data shows
Business

Bain Capital raises $7.1 billion in 2023's largest pan-Asia PE fund

Bain Capital has completed the final close of its fifth pan-Asia private equity fund at $7.1 billion, exceeding its target by 40%, the U.S. investment firm told

Bain Capital raises $7.1 billion in 2023's largest pan-Asia PE fund
Uncategorized

Trustar plans to raise fund to manage McDonald’s China stake -sources

Chinese private equity firm Trustar Capital is planning to raise a so-called continuation fund that would allow it to sell down its stake in McDonald’s China, two sources with knowledge of the matter said. The new fund would also allow investors in Trustar’s existing fund tied to McDonald’s China unit cash in on their investments, said the people, who declined to be named as the information was confidential. That plan would be achieved by Trustar, formerly known as CITIC Capital, transferring some equity interest in McDonald’s China from its private equity (PE) fund into

Trustar plans to raise fund to manage McDonald’s China stake -sources
Uncategorized

Trustar plans to raise fund to manage McDonald’s China stake -sources

– Chinese private equity firm Trustar Capital is planning to raise a so-called continuation fund that would allow it to sell down its stake in McDonald’s China, two sources with knowledge of the matter said. The new fund would also allow investors in Trustar’s existing fund tied to McDonald’s China unit cash in on their investments, said the people, who declined to be named as the information was confidential. That plan would be achieved by Trustar, formerly known as CITIC Capital, transferring some equity interest in McDonald’s China from its private equity (PE) fund

Trustar plans to raise fund to manage McDonald’s China stake -sources

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