Allianz withdraws offer to acquire Income Insurance; CapitaLand to buy Wingate in Australia; Cathay Life Insurance buys 50% of Taiwan windfarm from Denmark's Orsted; and more.
India’s 2022 deal pipeline is expected to remain strong as India is likely to remain shielded from current geopolitical events, according to White & Case lawyer Sayak Maity.
China issues sweeping new regulations for ratings agencies; Fidelity, JP Morgan and BNP Paribas Securities Services win approvals in China; Westpac sells Australian life insurance business to TAL Dai-ichi Life; Poba commits $95 million to AXA IM; GIC backs private equity bid for UK supermarket chain Morrisons; Omers-backed ESR Cayman acquires real assets manager; CareSuper posts 17.49% return; and more
Boe Pahari to leave as AMP Limited demerges; Temasek backs Indonesian telemedicine startup; Korea Post and GEPS looking to hire fund managers; GIC and Sequoia India co-lead funding for Razorpay; AustralianSuper appoints senior manager of portfolio strategy; Thailand's new pension fund to draw $1.7 billion; Taiwan fines fund houses over BLF bribery scandal; CPPIB doubles investment in Korean logistics JV
Family offices are increasingly doing club investments so as not to miss out on deals due to a lack of capacity, but joining forces with their peers can be tricky.
More rich families and family offices in Asia are doing club deals and co-investments, but these come with their own perils. Our family office forum hears some key tips.