The Abu Dhabi Investment Authority (ADIA) has appointed John McCarthy as global head of infrastructure, effective immediately. McCarthy will be responsible, in collaboration with senior management, for developing and implementing investment strategy for the infrastructure division and overseeing all day-to-day activities of the Infrastructure team. This includes managing ADIA’s
Private equity firm Advent International has appointed Michael Ming-Yue Zhu, country general manager of Solvay China, to its operating partner programme. Zhu will advise Advent on investment opportunities in the chemicals sector, one of the firm’s core sectors. Advent has also appointed William Tsao, who worked at DuPont
Armstrong Asset Management has received the fourth commitment of a USD20m investment for its Armstrong South East Asia Clean Energy Fund from the International Finance Corporation (IFC), the private sector investment arm of the World Bank, to add to its first close of USD65m. The fund, a newly established,
Telecommunication provider Bharti Airtel has entered into a binding agreement with Qatar Foundation Endowment (QFE) under which Bharti will issue 199,870,006 of its new shares to QFE representing a shareholding of five per cent in the company. As per the agreement, QFE will subscribe to 199,870,006 new shares of
As part of its efforts to strengthen its relationship with the Chinese fund industry, the Association of the Luxembourg Fund Industry (ALFI) has added a section in Chinese (Mandarin) to its website. The section contains important basic information about the Luxembourg investment fund sector and regulation, and how Luxembourg
JTC Group and Kensington Trust Group (KTG) have formed a strategic alliance that was agreed in Kuala Lumpur, Malaysia in March. The alliance creates a global offering of trust, fiduciary and corporate services and fund administration. Recently established, with offices in Malaysia, Singapore, Labuan and Indonesia, KTG has
Symphony International Holdings’ net asset value has increased by 13.4 per cent from USD609.8m at 31 December 2012 to USD691.7m at 31 March 2013. NAV per share increased from USD1.18 to USD1.34 during the same period. The increase in NAV during Q1 2013 was predominantly driven by fair
The Abraaj Group has exited its investment in Thailand-based Unitrio Technology. The group sold its stake in Unitrio to NTT Facilities (NTTF), a member of the Japanese Nippon Telegraph and Telephone Corporation (NTT), which provides engineering services for data centres, telecommunications, commercial buildings and related facilities. Abraaj, through
Symphony International has sold its entire investment in AFC, which operates the Asian Food Channel, a 24-hour TV channel broadcasting food and lifestyle programming tailored to audiences in the Asia Pacific region. The sale was part of the acquisition by Scripps Networks Interactive of 100 per cent of AFC. Scripps
Waste2Tricity (W2T) has launched a wholly owned subsidiary, Waste2Tricity International (Thailand), based in the Rajchathewi district of Bangkok. W2T hopes to take advantage of the subsidies that exist in the Thai region and the natural opportunities that exist in its expanding economy that has inherent issues with waste management
12 November, 2026 – 5:00 pm
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