The private credit and private equity boom in Asia is poised for a cycle test, with liquidity and exit challenges looming in public markets across the region. Buyout activity reached $138 billion in 2024, marking the second-best year in a decade, while private credit AUM has surged six-fold since 2014 to ~$93 billion. Yet, as...
Global investment firm KKR has acquired a minority stake in the entity leasing Abu Dhabi National Oil Company’s (ADNOC) gas pipeline assets, marking a continued expansion of its Gulf infrastructure portfolio. Financial terms were not disclosed. The investment, structured through KKR’s managed accounts, aligns with long-duration capital strategies. ADNOC retains full ownership and operational control...
From restaurant robots to military tech, Steven Simoni and co-founder Luke Allen have pivoted Silicon Valley marketing skills into defense innovation. Their company, Allen Control Systems, is developing AI-powered anti-drone systems, including the Bullfrog, a turret capable of shooting drones out of the sky. With $40 million in funding, including backing from Craft Ventures, the...
London-based hedge fund Eisler Capital has announced it will shut down its multi-strategy fund by year-end, alongside other investment vehicles and its management operations. The decision follows disappointing performance and rising costs, including challenges in attracting and retaining experienced talent. The fund, which managed over $4 billion in 2024, posted a year-to-date loss of 1.7%...
Asia (excluding China) has drawn approximately $100 billion in capital inflows over the past nine months as global investors diversify away from the U.S., according to Kevin Sneader, Goldman Sachs President for Asia-Pacific ex-Japan, speaking at the Milken Institute Asia Summit 2025. While Japan has been a major beneficiary, China’s equity rally remains primarily domestically...
Activist investors have had their busiest quarter ever, launching 61 campaigns globally in Q3, according to new Barclays data. This marks a sharp increase from 36 campaigns a year ago and even surpasses the previous quarter’s 60 campaigns. The surge was driven by heightened market volatility earlier in the year, as investors responded to tariffs...