Companies

The offering, which will go towards railway projects and sustainability goals, included a record HK$3bn 30-year tranche.

As part of the agreement, KKR will acquire $820m of newly issued Samsung SDS convertible bonds; Samsung SDS will spend the money on M&A and improving its AI capabilities.

BPEA IX will focus on control investments in leading companies across technology, healthcare, industrial technology, services, and technology services; several deals have already closed in Japan and South Korea.

The Galaxy Orientis fund has raised $520m out of a $1bn target from China Investment Corporation, Indonesia Investment Authority and State Oil Fund of the Republic of Azerbaijan. The PE fund is eyeing investments across the Asean-China corridor.

Several warnings, including from ratings agencies, have been issued, as the two giant Chinese property developers continue to struggle as losses mount.

Hong Kong-based Liu was most recently a partner at PE firm Advent International.

As Japan M&A deals increase, Rintaro Hirano is joining the international law firm at the end of April from Nagashima, Ohno & Tsunematsu.

Safeway Concessions has been sold to VINCI Highways, a subsidiary of VINCI.

Kai Yun Tan has joined the law firm from WongPartnership.