Australasia

Shein falls in Hong Kong; Itochu plans offer for Dentsu Soken; Ares closes Japan fund; KKR's Asia investments; DigitalBridge acquires in Australia; HDFC Bank CEO to leave.

The Australian VC firm has previously backed Airwallex and Canva.

Amwins Group, Dragoneer Investment and KKR have finalised a deal to buy the ASX-listed broking group.

Hishaam Mirza, formerly at NZ Super, will start in September, as the bourse seeks to expand.

The global infrastructure investor is in the midst of a regional expansion push.

Asia secondaries activity is increasing as a result of geopolitical uncertainties, a growing private equity market and rising awareness, Coller Capital’s Zhan Yang tells FA.

The global commodities and mining giant hopes to tap into one of the world's "fastest-growing pools of long-term investment capital" with the listing.

The US banking giant’s infrastructure arm has agreed to acquire the Australian gas pipeline operator. In another deal, Aberdeen Investments and ACCIONA have set-up a SPV for a New Zealand motorway project.

The UK bank said the sale was part of its "simplification" strategy and follows the sale of its life insurance business in Singapore to Allianz and Indonesian retail book to OCBC; Blackstone described the deal as "the largest home loan portfolio transaction globally".