Previous close | 0.7000 |
Open | 0.9500 |
Bid | 0.9000 |
Ask | 1.0000 |
Strike | 70.00 |
Expiry date | 2023-12-15 |
Day's range | 0.9500 - 0.9500 |
Contract range | N/A |
Volume | |
Open interest | 673 |
Hillhouse Investment, founded by Chinese dealmaker Lei Zhang, has made a number of senior hires for its new private credit team, three people with knowledge of the matter said. The hires come amid an Asian boom in private credit funds looking to tap into demand mainly from startups that are moving away from raising equity capital given global economic and market challenges. Among the hires, Srinivasulu Yanamandra, most recently a Barclays managing director and its head of loans, leverage finance and structured finance in North Asia, this month joined Hillhouse's private credit team based in Singapore, one of the people said.
Ontario Teachers', Canadia's third-largest pension fund, first invested in GreenCollar in March 2022. Financial terms of the deal were not disclosed. KKR declined to provide further details, while the other parties did not immediately respond to a Reuters email for comment.
SYDNEY & TORONTO, September 18, 2023--Ontario Teachers’ Pension Plan (Ontario Teachers’) and KKR, a leading global investment firm today announced the signing of a definitive agreement under which Ontario Teachers’ will acquire KKR and other shareholders’ stakes in GreenCollar, a leading Australian environmental markets platform. Financial terms of the transaction were not disclosed.