The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
Softbank is the venture capital arm of JapanÆs SBI Holdings Inc. This investment represents SoftbankÆs first and currently only India fund. SBI Capital Markets is the investment banking subsidiary of IndiaÆs largest bank, the State Bank of India. This is the first foray of the State Bank of India Group into venture capital investing.
Softbank currently manages 18 other venture funds across sectors and geographies, including a recent collaboration with Singapore's Temasek Holdings focused on China. Softbank has successful investments like Yahoo! and E*trade to its credit.
State Bank of India 's Chairman, OP Bhatt, described the alliance as "a small but significant step towards creating and nurturing knowledge-based industries in India.ö
Softbank CEO, Yoshitaka Kitao suggested further India plans are planned. He stated: ôOur fund with SBI CAP is only a first step in a well-planned strategy to partner with leading financial services companies and deliver creative financial products focused on India. We will soon be making some important û even historic - long-term announcements about our comprehensive India strategy."
Venture capital investing has seen a resurgence in India in the recent past. It is fuelled by the number of entrepreneurs with bankable business propositions in spaces where India enjoys a competitive advantage - for example BPO.
The French fund house becomes the world’s largest responsible asset manager to help asset owners implement sustainable investing, underlining its serious commitment to ESG.
The long-waited infrastructure Reits have finally arrived in China and, while experts see a slow start with hurdles ahead, they say it will later move to a 'big bang'.
AsianInvestor reveals the second half of the standout funds in our latest awards, including equity funds, the top Reit and the best smart beta vehicle.
Regional institutions’ investment managers outperformed their external peers, underlining that they are just as vital as modern asset allocation strategies.