SINGAPORE > US based MassMutual is set to establish a $50 million Singapore based fund for investments in South-East Asia

Massmutual logo The venture capital arm of the Massachusetts Mutual Life Insurance Company (MassMutual), MASSMUTUAL Ventures (MMV), is set to establish a $50 million dollar fund for investments in South-east Asia. MASSMUTAL Ventures is targeting 10 to 15 Series A and Series B round investments in digital health, fintech, insurtech and enterprise software for the next three years. MassMutual will work with More …

LATIN AMERICA> US based Inter-American Development Bank and South Korea based NH Investment Securities establish a co-financing fund for Latin America and the Caribbean for up to $300 million

idb invest logo IDB Invest which is the private sector institution of Inter- American Development bank and NH Investment & Securities signed a Memorandum of Cooperation (MOC) to establish a co-financing fund for the private sector in Latin America and the Caribbean for up to $300 million. The agreement was signed by Gema Sacristán, IDB Invest chief investment officer, and Young-chae Jeong, NH Investment More …

SINGAPORE > Malaysia based Masmeyer Holdings, and Malaysia-listed Asia File Corp are set to invest in Singapore based Innopac Holdings

Innopac logo Innopac Holding plans S$8.4 million ($6.08 million) stock placement that will result in a change of control, as well as a related disposal of five subsidiaries and an S$2.5 million ($1.81 million) secured loan facility. The company further declared that it will place 8.4 billion new shares at 0.1 Singapore cent a piece to 11 individual investors and the new More …

SCOTLAND > USA based Union Investment is set to acquire Edinburgh hotel complex for $55.9 million (€43.4m)

Union Investment USA based Union Investment is set to acquire two hotel properties in Edinburgh’s historic city center namely Premier Inn with 127 rooms and Hub by Premier Inn with 121 rooms for approximately $55.9 million (€43.4m GB) from the vendor MAS Real Estate. The properties are on a long- term lease to Whitbread, an experienced operator and the transaction is Union More …

INDIA > Hong Kong based Steadview Capital is set to invest an estimated $30 million on India based IndWealth, an artificial intelligence and machine learning-based wealth management and advisory platform

Steadview logo IndWealth which is an artificial intelligence and machine learning-based wealth management and advisory platform is founded by the famous Ashish Kashyap who founded the travel company Ibibo Group which was acquired by peer MakeMyTrip for an estimated $2 billion two years ago. IndWealth, which is still in stealth mode is his second entrepreneurial venture. IndWealth will offer a slew of services to More …

CANADA > USA based Marcus & Millichap expands into Canada with the acquisition of Primecorp Commercial Realty Inc.

Marcus & Millichap A leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services, Marcus & Millichap, Inc. has expanded into Canadian market with the acquisition of Canada based Primecorp Commercial Realty Inc. Primecorp is an Ottawa based commercial real estate service firm that was established in 1998 and provides brokerage services in all product types. Primecorp More …

KENYA > US based Overseas Private Investment Corporation (OPIC) has signed investment deals with two Kenya based companies, Kipeto Wind Energy Company and Twiga Foods amounting to a total of nearly $238 million

opic logo The USA based agency in charge of development finance, OPIC, has signed investment deals with two Kenya based companies, Kipeto Wind Energy Company and Twiga Goods amounting to a total of nearly $238 million. The first deal is $232 million for a 100 megawatt wind power plant in the south of Nairobi and the second agreement is $5 million in More …

USA > UK based MUFG Securities EMEA plc. is set to invest $4.52 million in US based Delek US Holdings Inc.

MUFG logo Valued at approximately $4,515,000, MUFG Securities EMEA plc. is set to acquire stake in Delek US Holdings Inc. MUFG Securities EMEA is set to acquire 90,000 shares of the oil and gas company’s stock. With the most recent filing, MUFG Securities EMEA plc. owns approximately 0.11% of Delek US. About Delek US Founded in 2001, Delek US engages in the More …