Deals
The round marks the first investment from Crane’s newly launched Asia-Pacific fund.
1
Warburg looks to take Japan student housing operator JSB private
2
Partners Group says no more liquidity curbs for evergreen funds
3
SpaceX surges past $2 trillion in Nasdaq debut, closes in on Amazon
4
Vietnam's private market has all the tailwinds but investors want to see execution
5
Trihill's Alwyn Rusli joins Total Specific Solutions to lead Asia expansion
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SG- and India-based healthcare platform YouLabs bags $2.6m in seed round
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Indonesia’s IPO drought raises questions about investor confidence
Sinar Mas expands digital infrastructure footprint with Ketrosden deal
BB Fund now holds a 75.9% stake in the company, up from 64.8%.
Unicorns
The Warburg-backed firm is said to be raising the round in phases.
Arki is planning a public launch later this year.
The PE firm acquired SG-based Interplex from EQT’s BPEA fund for an enterprise value of $1.6b in 2022.
Venture Capital
The round also drew participation from Ehsan Kapital and Gobi Partners.
Green SM has expanded its footprint to five markets, following the launch in India,
Also read about the fall in funding activity in Indonesia in Q1 2026.
Analysis
There is overconcentration of capital in Japan and India, which risks overvaluation of assets.
Private Credit
The financiers include Ares, InnoVen Capital, and January Capital.