World PulseNow
Newsletter

Fire Sale of Sought-After Fund Raises Alarm Over Asia PE Slump

Bloomberg•Sunday, September 21, 2025 at 11:00:00 PM
NegativeFinancial Markets
Fire Sale of Sought-After Fund Raises Alarm Over Asia PE Slump
The recent fire sale of Northstar Group, a prominent Indonesian private equity firm, has raised concerns about the ongoing slump in Asia's private equity market. Once a symbol of Southeast Asia's economic boom, Northstar, backed by TPG Capital, has struggled to maintain its footing, having raised over $2.7 billion to invest in the region's top firms. This situation highlights the challenges facing private equity in Asia, as investors grow wary amid economic uncertainties, making it a critical moment for the industry.
— Curated by the World Pulse Now AI Editorial System
Read Original

Was this article worth reading? Share it

Recommended Readings
Copper Holds Gain as Production Halt at Indonesia Mine Persists
Bloomberg3 hours ago
Copper Holds Gain as Production Halt at Indonesia Mine Persists
NeutralFinancial Markets
Copper prices have remained stable following a production halt at Indonesia's mine, which is the second-largest in the world. This suspension, caused by an accident, has lasted for two weeks and is raising concerns among traders about potential impacts on global copper supplies. The situation is significant as it highlights the fragility of supply chains in the mining sector and could influence market dynamics moving forward.
Read full article
via Bloomberg
Indonesia’s surprise rate cut, growth gambit put rupiah in the crosshairs
Investing.com6 hours ago
Indonesia’s surprise rate cut, growth gambit put rupiah in the crosshairs
NeutralFinancial Markets
Indonesia's recent decision to cut interest rates has raised eyebrows as it aims to stimulate economic growth. This move could potentially impact the value of the rupiah, making it a focal point for investors and analysts. The central bank's strategy reflects a balancing act between fostering growth and maintaining currency stability, which is crucial for the country's economic health.
Read full article
via Investing.com
Warburg Pincus looks to sell business services firm for $3bn in latest exit
Financial Times18 hours ago
Warburg Pincus looks to sell business services firm for $3bn in latest exit
NeutralFinancial Markets
Warburg Pincus is planning to sell its business services firm for $3 billion, marking a significant move in the private equity sector. This comes as dealmaking shows signs of recovery, although it still faces challenges from high interest rates and tariffs. The sale could reflect broader trends in the market and may influence future investment strategies.
Read full article
via Financial Times
Private equity warns of mis-selling as sector opens up to individual investors
Financial Timesa day ago
Private equity warns of mis-selling as sector opens up to individual investors
NegativeFinancial Markets
The private equity sector is raising alarms about potential mis-selling as it opens its doors to individual investors. With a surge in investments, there are growing concerns that financial advisers may not be fully explaining the risks associated with illiquidity. This is crucial because uninformed investors could face significant challenges if they cannot access their funds when needed, highlighting the importance of transparency in financial advice.
Read full article
via Financial Times
Prabowo Subianto: Indonesia’s Deng Xiaoping
MoneyWeek2 days ago
Prabowo Subianto: Indonesia’s Deng Xiaoping
NegativeFinancial Markets
Prabowo Subianto, drawing comparisons to Deng Xiaoping, is making a significant political comeback in Indonesia at the age of 70. While he harbors ambitious plans for the nation, his return is met with apprehension from many citizens who fear the implications of his leadership style and past controversies. This situation is crucial as it reflects the ongoing struggle between hope for reform and the anxiety over potential authoritarianism in Indonesian politics.
Read full article
via MoneyWeek
Indonesia mulls incentives to keep US dollars in domestic market, Finance Minister says
Investing.com3 days ago
Indonesia mulls incentives to keep US dollars in domestic market, Finance Minister says
PositiveFinancial Markets
Indonesia is considering new incentives to encourage the retention of US dollars within its domestic market, according to the Finance Minister. This move is significant as it aims to strengthen the country's economy by stabilizing its currency and reducing reliance on foreign exchange fluctuations. By keeping US dollars in the local market, Indonesia hopes to enhance its financial resilience and promote economic growth.
Read full article
via Investing.com
Indonesia stocks higher at close of trade; IDX Composite Index up 0.05%
Investing.com3 days ago
Indonesia stocks higher at close of trade; IDX Composite Index up 0.05%
PositiveFinancial Markets
Indonesia's stock market closed on a positive note, with the IDX Composite Index rising by 0.05%. This slight increase reflects investor confidence and stability in the market, which is crucial for economic growth. A healthy stock market can attract more investments and boost the overall economy, making this news significant for both local and international investors.
Read full article
via Investing.com
Cambodia Expects Investment to Hold Steady Despite US Tariffs
Bloomberg3 days ago
Cambodia Expects Investment to Hold Steady Despite US Tariffs
PositiveFinancial Markets
Cambodia is optimistic about maintaining steady investment in its labor-intensive industries, even in the face of US tariffs. This is largely due to the region's cost-competitive workforce, which continues to attract foreign interest. This is significant as it highlights Cambodia's resilience and potential for economic growth, ensuring job opportunities and stability in the region.
Read full article
via Bloomberg
Latest from Financial Markets
Chinese Savers with $23T Have Few Options Beyond Stocks
Bloomberg29 minutes ago
Chinese Savers with $23T Have Few Options Beyond Stocks
PositiveFinancial Markets
Chinese household savings have soared to an impressive $23 trillion, creating a significant opportunity for investors in the stock market. With limited alternatives for this vast liquidity, fund managers are optimistic about the potential for growth in Chinese stocks. This trend highlights the resilience of the Chinese economy and the increasing confidence among savers, making it a crucial topic for anyone interested in global financial markets.
Read full article
via Bloomberg
Pfizer closes in on $7.3 billion takeover of anti-obesity drugmaker Metsera, FT reports
Investing.com33 minutes ago
Pfizer closes in on $7.3 billion takeover of anti-obesity drugmaker Metsera, FT reports
PositiveFinancial Markets
Pfizer is reportedly nearing a $7.3 billion acquisition of Metsera, a company specializing in anti-obesity drugs. This move is significant as it highlights Pfizer's commitment to expanding its portfolio in the growing market for obesity treatments, which is increasingly important given the rising global obesity rates. The acquisition could enhance Pfizer's position in the pharmaceutical industry and provide new solutions for patients struggling with weight management.
Read full article
via Investing.com
Factbox-The candidates vying to be Japan’s next leader
Investing.com33 minutes ago
Factbox-The candidates vying to be Japan’s next leader
NeutralFinancial Markets
As Japan prepares for its upcoming leadership election, several candidates are emerging as potential successors. This election is crucial as it will shape the future direction of Japan's policies and governance. With various political backgrounds and agendas, the candidates are vying for public support, making it an important moment for the nation's democratic process.
Read full article
via Investing.com
US H-1B visa clarification eases uncertainty, India’s IT industry body says
Investing.com34 minutes ago
US H-1B visa clarification eases uncertainty, India’s IT industry body says
PositiveFinancial Markets
The recent clarification regarding the US H-1B visa has brought relief to India's IT industry, which has been facing uncertainty over visa regulations. This development is significant as it reassures tech companies and professionals who rely on these visas to work in the US, fostering stronger ties between the two countries and supporting the growth of the tech sector.
Read full article
via Investing.com
Warren Buffett’s Berkshire Hathaway exits China’s BYD, filing shows
Investing.com34 minutes ago
Warren Buffett’s Berkshire Hathaway exits China’s BYD, filing shows
NegativeFinancial Markets
Warren Buffett's Berkshire Hathaway has decided to exit its investment in China's BYD, a major player in the electric vehicle market. This move is significant as it reflects changing dynamics in the global investment landscape, particularly in the tech and automotive sectors. Buffett's decision may raise concerns about the future of electric vehicle investments in China, a market that has been pivotal for growth in recent years.
Read full article
via Investing.com
Why TikTok Still Faces Uncertainty After Xi-Trump Call
Bloomberg35 minutes ago
Why TikTok Still Faces Uncertainty After Xi-Trump Call
NeutralFinancial Markets
President Trump recently announced that he and Chinese President Xi Jinping reached an agreement regarding TikTok during a phone call. However, experts like Zongyuan Zoe Liu from the Council on Foreign Relations highlight that TikTok's status as a bargaining chip in US-China relations raises significant uncertainties about the deal's future. This situation is crucial as it reflects the ongoing tensions between the two nations and the implications for global tech companies.
Read full article
via Bloomberg