Marks largest fundraise in firm’s nearly 40-year history BOSTON–(BUSINESS WIRE)–Oct. 30, 2024 Berkshire Partners (“Berkshire”), a Boston-based private equity firm focused on the middle market, today announced the close of Berkshire Fund XI (“Fund XI”) with approximately $7.8 billion in capital commitments, making it Berkshire’s largest fund since the firm’s inception in 1986. Fund XI […]
BANGKOK–(BUSINESS WIRE)–Oct. 28, 2024 Global health insurance brokerage Pacific Prime Thailand has been awarded the “Top Production Award 2024” at the Hangout Luxury Party 2024 hosted by Pacific Cross. The award was presented to Ricky Batten, General Manager of Pacific Prime Thailand, and Viktor Voll, CRM Team Lead, at So Bangkok Hotel on October 18th, […]
NEW YORK–(BUSINESS WIRE)–Oct. 28, 2024 Starr Insurance announced that South Korea’s Financial Services Commission has granted Starr International Insurance (Singapore) Pte. Ltd., Korea branch, a license to operate in Seoul and begin selling commercial property/casualty insurance throughout Korea. Paul Choi was named CEO of Starr’s Korea branch in May 2024. He has more than 30 […]
SINGAPORE–(BUSINESS WIRE)–Oct. 24, 2024 Singtel and Western Union today announce that they have signed a conditional agreement on the sale of Dash. The sale is subject to regulatory approvals. Dash customers will continue to have access to all existing services in the meantime. Dash is Singapore’s leading all-in-one mobile wallet that lets customers pay, remit, […]
Bermuda provides an ideal location for Kraken to offer a secure and reliable derivatives trading experience HAMILTON, Bermuda–(BUSINESS WIRE)–Oct. 03, 2024 Kraken, one of the longest-standing, most liquid and secure cryptocurrency exchanges, is delighted to unveil its new global derivatives venue in Bermuda, as it prepares to open up a fast-expanding part of the space […]
Close to 1 in 4 Thais think it’s OK to deliberately mislead on personal loans, mortgages, auto and other applications. BANGKOK–(BUSINESS WIRE)–Sep. 24, 2024 FICO (NYSE: FICO): This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240923471658/en/ 23% of Thais thought it was OK for people to exaggerate income on a loan application with a […]
HOUSTON–(BUSINESS WIRE)–Sep. 14, 2024 SCF Partners, Inc. (“SCF”) is pleased to announce its acquisition of the Newpark Fluids Systems business (“NFS”), a leading global pure-play oil & gas and geothermal fluids solution provider, from Newpark Resources Inc. (NYSE: NR). Newpark Fluids Systems provides a full range of drilling & completion products and related technical services […]
SYDNEY–(BUSINESS WIRE)–Sep. 04, 2024 Funds managed by Blackstone Real Estate Partners, Blackstone Infrastructure Partners, Blackstone Tactical Opportunities, and Blackstone’s private equity strategy for individual investors, along with the Canada Pension Plan Investment Board (“CPP Investments”), have entered into a definitive agreement to acquire AirTrunk, the leading Asia Pacific data center platform, from Macquarie Asset Management […]
In a digital-first world, identity verification must not hinder new business BANGKOK–(BUSINESS WIRE)–Aug. 01, 2024 (NYSE: FICO) This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240731171307/en/ 1 in 3 Thais have abandoned opening a personal bank account due to complex identity checks. (Graphic: FICO) Highlights Ease of use is the top priority for […]
PALO ALTO, Calif.–(BUSINESS WIRE)–Jul. 10, 2024 SambaNova Systems, the generative AI solutions company with the fastest models and most advanced chips, announces that “Typhoon”, a Thai Large Language Model (LLM) powered by SCBX and SCB 10X, has been introduced into the Samba-1 Composition of Experts (CoE) model. This press release features multimedia. View the full […]
MIAMI–(BUSINESS WIRE)–Jun. 24, 2024 H.I.G. Capital (“H.I.G.” or “the Firm”), a leading global alternative asset management firm with $64 billion of capital under management, is pleased to announce the closing of H.I.G. Infrastructure Partners (the “Fund”). The Fund closed with aggregate capital commitments of approximately $1.3 billion.1 H.I.G. Infrastructure Partners seeks to make control-oriented, infrastructure […]
– Japanese investors to take a minority stake in a Singapore-based holding company with investments in companies developing city gas distribution networks in India. – Transaction to provide fresh injection of equity to support new infrastructure investments and expand technical know-how and adoption of global best practices in line with India’s energy targets. – Investment […]
