The Japanese firm will invest $700m into the Philippines conglomerate as the two entities eye growth in infrastructure, energy, real estate, digital technologies, mobility and logistics.
As Asia's AI buildout continues apace, the large deal from Citi, ING, Natixis, UOB and QNB, will help the new firm build GPU cloud infrastructure in Indonesia with Nvidia.
The alternative investment giant tells FA that it wants to triple its real estate AUM across Apac, and is bullish on residential, commercial and AI-related assets.
Following an agreement in San Francisco, the Korean and US firms will collaborate across memory and foundry technologies, supporting the next generation of AI infrastructure as the semiconductor ecosystem becomes more sophisticated.
The alternative asset manager is backing a South Korean motion-control technology provider at a reported valuation of $676m; Blackstone has also appointed former KKR executive Ami Momaya as its first dedicated infrastructure hire in Asia Pacific.
Facing limited land, power and access to frontier compute, Singtel is helping build a sovereign AI ecosystem that combines infrastructure innovation, strategic partnerships and regional expansion to support Singapore's AI ambitions, according to the firm's CTO.
Bayfront VIII has a portfolio of 44 project finance and infrastructure loans and bonds across 40 obligors based in Asia Pacific, Europe and the Americas.