Apollo Global Management has increased the size of its net asset value (NAV) loan to SoftBank’s Vision Fund 2 to $5.4bn, in what is now the largest known NAV-backed facility to date, according to a report by Bloomberg citing people familiar with the matter.

TPG’s Asia-focused private equity platform has agreed to acquire ASX-listed automotive software provider Infomedia in a deal valuing the company’s equity at AUD651m (circa $421m), according to a report by Reuters.

International private equity firm Cinven has entered into an agreement to acquire a majority stake in Objectway, a leading provider of end-to-end digital software solutions for wealth managers, banks, and asset managers globally.

Blackstone has launched a JPY507.4bn ($3.5bn) tender offer to take Tokyo-listed engineering staffing firm TechnoPro Holdings private, marking its latest move in an increasingly competitive Japanese buyout market, according to a report by Reuters.

ATL Partners, a sector-focused private equity firm, has sold its majority stake in GCL, a global leader in live events and luxury goods specialty logistics, to Providence Equity Partners, a private equity firm with significant experience investing in and supporting the growth of companies in the entertainment and media sectors.

Apollo has acquired a majority interest in Stream Data Centers (SDC), marking a significant move into digital infrastructure as demand for hyperscale capacity surges amid rapid advances in artificial intelligence and cloud computing, according to a report by Reuters.

TPG’s Asia-focused private equity arm has agreed to acquire Australian automotive software firm Infomedia in a deal valuing the company at AUD651m ($421m), according to a report by Reuters.

Green Arrow Capital has agreed to acquire the alternative investment arm of Italy’s De Agostini Group, marking the Italian firm’s exit from the sector after a 15-year run, as part of a wider portfolio reshuffle, according to a report by Reuters.