The National Reconstruction Fund Corporation’s contribution is part of a larger $112.3 million Series C funding round and is expected to create 172 high-skilled jobs in the deep tech sector.
Philippines' GSIS partners with JIC to improve valuations and risk assessments; Aware Super and TelstraSuper set to merge in next two months; NPS signs MOU with Allianz Global Investors; and more.
Norway's SWF excludes India's Adani Green Energy from its portfolio; Australia's Aware Super scraps restrictions on high-carbon companies' investment; and more
Indonesian SWF investment co-head departs; Manulife names new CEO for its Indian Joint Venture; Australia's QBE names new Asia property lead; VFMC appoints new chief finance and risk officer, and more.
The apparent benefits for regional heavyweights including China may be overshadowed by fresh legal uncertainty and the rising volatility created by AI, market watchers say.