Benjamin Cher
CORRESPONDENT
Benjamin is a correspondent with BT’s Companies and Markets team. He covers the tech and venture capital ecosystem in Southeast Asia. He was previously with Garage, BT’s startup and venture capital portal, and The Edge Singapore.
Unicorns likely to turn to private equity for financing: Preqin
Private markets could reach US$32 trillion in AUM by 2030
After a tepid 2025, cautious optimism is building for private equity in 2026
More sectors could become attractive to investors next year as valuations are largely reset
Quadria Capital expands into the Middle East with new Dubai office
This follows its partial exit from its portfolio company via an IPO in India
Private equity, venture capital face tougher fundraising in 2025: Preqin report
Europe and Asia-Pacific lag North America on both fronts
Singapore stocks gain more ground on Friday; STI up 1.5%
Jardine Matheson is top performer on benchmark index, rising 4.9% to US$69.94
Seatrium consortium bags major contract with TenneT to link Germany’s grid with North Sea wind power
This brings Seatrium’s value of new wins for FY2025 to over S$4 billion to date
Singapore stocks inch up after Fed rate cut; STI rises 0.2%
Across the broader market, gainers edge out losers 256 to 244 after 1.1 billion securities worth S$1.3 billion change hands
Validus raises US$30 million Series D round led by Malaysia’s sovereign wealth fund Khazanah
Startup matches SMEs’ supply-chain financing needs to its pool of institutional investors
Connecting clients, portfolio companies is next for Japan’s MUFG in Asia-Pacific
Leveraging stakes in banks in Indonesia, Thailand, Vietnam and the Philippines enables MUFG to extend more support to its customers
Singapore stocks close flat ahead of Fed interest rate decision
The STI ends the day flat; the iEdge Singapore Next 50 Index is 0.1% lower