Virtual Currency

S Korea still considers shutdown of virtual currency exchanges

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South Korea is drawing up measures to control the investment craze for cryptocurrency.

Japan’s GPIF picks StepStone as global infrastructure fund-of-funds manager

GPIF awarded the global infrastructure core strategy mandate to StepStone after launching an RFP in 2017.


Japan’s AOI TYO Holdings commits $5m to Spiral Ventures Asia Fund I

Spiral Ventures is raising $50 million for its first fund, which is expected to close this year.


People: Former JP Morgan exec joins TPG; Nomura gets new Asia debt markets head

Private equity major TPG has appointed former JP Morgan executive Jason Mcleod, a leading deal maker for the latter in Melbourne.


Japan: NEC Corporation acquires Northgate from Cinven in $649m deal

Northgate develops software and services for the public sector and employs 1,400 engineers in the UK and India.


Partners Group sells 21% stake in Australian cancer research centre to AMP Capital

The investment in Melbourne-based VCCC was made by Partners Group in 2012.


Australian PE firm Anacacia Capital acquires majority stake in Sydney-based Force Fire

The private equity investment deal, the first in Australia this year, was recently signed by the two parties.


Co-working space operator naked Hub eyes Australia expansion with Gravity acquisition

naked Hub plans to open new locations across mainland China, Hong Kong, the Asia-Pacific and Europe.


South Korea says planned ban on cryptocurrency exchanges not yet finalised

South Korea said its plans had not yet been finalised as government agencies were still in talks to decide how to regulate the cryptocurrency market.


SoftBank mulls IPO of mobile phone unit, said to seek $18b

A spin-off – potentially the biggest IPO by a Japanese company in nearly two decades – would give SoftBank’s wireless unit more autonomy.