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Indonesia
All remaining Northstar employees are understood to have become Ares staff.
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Editor's take: The week that was —July 28-Aug 2
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Norway edtech platform Kahoot! bets on local content, pricing in SE Asia push
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Big Tech may be breaking the bank for AI, but investors love it
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Mistral in talks with VCs, Abu Dhabi's MGX to raise funds at $10b valuation
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Nuclear fusion startup NovaFusionX raises $70m angel round
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KKR holds over 22% stake in the Indonesia-listed firm.
Rest of Asia
Deal is L Catterton’s first investment in the Japanese restaurant industry.
Advantage Partners plans to control 51% of the buyout vehicle via its seventh fund.
Greater China
The move heralds a shift in investment focus for the banks.
Returning investors Alwin Capital and Huatai Zijin Investment also participated.
India
The Neo Secondaries Fund is targeting a total corpus of $240 million.
According to a Bloomberg report, Prosus could sell more.
Japan Post will own a majority stake in the vehicle.
World
The fund attracted commitments from pensions, SWFs, insurers, asset managers and family offices.
