Loft Orbital and Marlan Space Partner to Form First Satellite Production Company in the Middle East
Abu Dhabi-based Marlan Space, a new space company affiliated with International Holding Company (IHC), has established a joint venture with Loft Orbital to form Orbitworks, the Middle East’s first private space infrastructure company. Orbitworks marks a significant milestone in the UAE’s rapidly growing space sector, becoming the first to produce commercial low Earth orbit (LEO) […]
EQT Infrastructure to Acquire South Korean Waste Treatment Firm KJ Environment
EQT Infrastructure, a global investment firm, has agreed to acquire KJ Environment and its affiliated companies, a leading waste treatment platform in South Korea, from Genesis Private Equity. The deal marks EQT’s second infrastructure investment in the country. KJ Environment operates an end-to-end waste treatment business, including recyclable waste sorting, plastic recycling, and waste-to-energy capabilities. […]
Shinya Kaneko Joins as Senior Director of OpenX Japan’s Buyer Development Team
OpenX Technologies, Inc., one of the world’s leading omnichannel supply-side platforms, recently announced the appointment of Shinya Kaneko to Senior Director, Buyer Development, Japan. In this new role, Kaneko will lead Japan’s buyer development team, acting as a resource to brands and agencies seeking to invest in curation to drive business results. Reporting to Mitchell […]
LIG Nex1 Announces Completion of control-stake Acquisition of Ghost Robotics Corporation
Ghost Robotics, a leading innovator in legged robotics, and LIG Nex1, a premier South Korean defence technology company, announced the close of a strategic partnership through LIG Nex1’s control-stake acquisition of Ghost Robotics. LIG Nex1 has acquired a 60% control stake in Ghost Robotics for USD 240 million, valuing the company at $400 million. This partnership marks […]
Pallas Capital Advisors welcomes Gaurav Mallik as Chief Investment Officer
Pallas Capital Advisors announced that Gaurav Mallik has been appointed as its new Chief Investment Officer. With over two decades of institutional investment experience, Gaurav will oversee all investment strategies at Pallas Capital Advisors, bringing valuable skills to enrich the firm’s investment platform and portfolio selection strategies. “I am honored and excited to join the Pallas team […]
Maximizing Efficiency and Cost-Savings: How ASO Can Revolutionize Your Business?
Staying ahead of the curve isn’t just about innovation but efficiency. A recent Deloitte study found that about 80% of businesses believe outsourcing administrative tasks can significantly boost productivity. This is where Administrative Services Organizations (ASOs) step in. They offer a strategic solution to streamline operations and handle vital but time-consuming admin tasks. They allow […]
TPG intensifies growth and innovation with a major investment in Altimetrik
Altimetrik, a pure-play digital business company, announced yesterday that it has signed a definitive agreement for TPG, a leading global alternative asset firm, to make a majority investment in the company. The new partnership with TPG is a testament to Altimetrik’s differentiated approach to digital business and track record of strong organic growth. TPG’s investment, […]
Ario secures USD 16Mln to use AI to address invisible labor
Ario, the AI-powered assistant for parents, announced $16 million in seed funding from top-tier investors including Wing Venture Capital, Floodgate, Bain Capital Ventures, Moxxie, and prominent angels. American parents spend hours per week managing their households, from meal planning for the family to scheduling playdates for their kids. Ario is on a mission to offload […]
Norfund invests USD 30Mln convertible loan in SeABank
Norfund, the Norwegian Investment Fund for Developing Countries, has decided to invest US$30 million to Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB) in form of a convertible loan. The loan can be converted into common shares of SeABank within 4-year term, aiming at providing additional capital to support retail banking customers, small and medium enterprises […]
Northern Trust Asset Management appoints Naoto Komoro to lead its Japan’s Office
Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of March 31, 2024, today announces it has appointed Naoto Komoro to lead its asset management business in Japan. Komoro will also continue in his current role as Head of Institutional Client Group, Japan and becomes Representative Director […]
