The fundraise includes $1.8bn for KKR Asia Credit Opportunities Fund II as the investment giant sees growing investor demand for allocation to private credit in the region; the fund has been used for deals in Hong Kong, India and Australia.

Gunther Hamm, president of HOPU Investments, discussed with FA key drivers for the growing popularity of investors taking controlling stakes of companies in Asia.

The fund is aiming to catalyse Oman’s energy transformation and economic diversification under Oman Vision 2040; alternative asset manager Templewater, which has offices in Hong Kong and Singapore, has also set-up an office in Muscat.

Hong Kong’s Stablecoin Law is cementing the financial hub’s digital ambitions, however pending US crypto laws are keeping regulatory competition tight as both chase the growing opportunity.

Mubadala Capital is anchoring FWD Group’s Hong Kong IPO with a US$150 million investment, as the insurer looks to raise around US$500 million in a deal led by Morgan Stanley and Goldman Sachs.

$400m has been allocated to support Digital Halo, which has assets in the Philippines and Malaysia; the Swiss PE firm is also expanding its data centre footprint in Australia.

China and the US will start high level trade talks on May 9 in Switzerland.

FA reveals the industry winners of the Best Companies Poll 2025.

The rationale behind all the winners for the best capital market deals across Asia Pacific.

Slowing loans, M&A and ECM hit banks' fees last year. Technology, exports and bonds are bright spots, while Hong Kong is increasingly being seen as a place to raise foreign capital. PBOC's governor Pan Gongsheng wants a proactive policy approach.