logo
Apollo Wins Bid for Singapore's $1 Billion Private Credit Fund

Apollo Wins Bid for Singapore's $1 Billion Private Credit Fund

Bloomberg18-07-2025
Apollo Global Management won the mandate to manage Singapore's $1 billion private credit fund targeting local high growth enterprises, according to a government portal for procurement website.
The Ministry for Trade and Industry and Enterprise Singapore in March introduced the $1 billion Private Credit Growth Fund, which aims to provide non-dilutive customized financing for high-growth local enterprises, according to a statement then. It will announce more details about the fund by the third quarter, the statement said.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Mizuho Raises Nvidia (NVDA) Price Target, Keeps Outperform Rating
Mizuho Raises Nvidia (NVDA) Price Target, Keeps Outperform Rating

Yahoo

time23 minutes ago

  • Yahoo

Mizuho Raises Nvidia (NVDA) Price Target, Keeps Outperform Rating

NVIDIA Corporation (NASDAQ:NVDA) is one of the 12 Most Owned Stocks by Hedge Funds So Far in 2025. On July 15, Mizuho increased its price target for NVIDIA Corporation (NASDAQ:NVDA) from $185 to $192 and kept an 'Outperform' rating. This decision came after the Trump administration announced that NVIDIA Corporation (NASDAQ:NVDA) and other GPU makers could resume GPU shipments to China as part of ongoing trade talks. Mizuho sees this development as a big win for NVIDIA Corporation (NASDAQ:NVDA). The company had previously expected an $8 billion revenue impact in the July quarter because of shipment restrictions to China. The firm noted that key Chinese customers like ByteDance and Tencent are already applying for licenses to get NVIDIA Corporation's (NASDAQ:NVDA) H20 chips, which shows early positive signs from the new shipment rules. Mizuho believes that the US companies, including NVIDIA Corporation (NASDAQ:NVDA), are regaining access to a $50 billion market. NVIDIA Corporation (NASDAQ:NVDA) is an American multinational technology company that is known for its graphics processing units (GPUs), AI hardware and software, and high-performance computing (HPC) solutions. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.

Antelope Enterprise Holdings signs $50M agreement for bitcoin acquisition plan
Antelope Enterprise Holdings signs $50M agreement for bitcoin acquisition plan

Yahoo

time23 minutes ago

  • Yahoo

Antelope Enterprise Holdings signs $50M agreement for bitcoin acquisition plan

Antelope Enterprise entered into a Securities Purchase Agreement with Streeterville Capital for a total financing amount of up to $50 million. The proceeds from this financing will be used exclusively to purchase Bitcoin, marking a major step forward in AEHL's entry into the cryptocurrency asset space. Under the terms of the Agreement, Streeterville Capital will provide capital to the Company in tranches over a period of up to 24 months, in an amount not to exceed $50 million. AEHL will use these funds to gradually acquire Bitcoin based on market conditions. The Agreement clearly specifies that the financing proceeds are solely designated for Bitcoin acquisition, highlighting AEHL's move from strategic planning to execution in the crypto asset sector. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on AEHL: Disclaimer & DisclosureReport an Issue Antelope Enterprise Holdings files $200M mixed securities shelf Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Barclays Lifts Price Target for TSMC, Keeps Overweight Rating
Barclays Lifts Price Target for TSMC, Keeps Overweight Rating

Yahoo

time23 minutes ago

  • Yahoo

Barclays Lifts Price Target for TSMC, Keeps Overweight Rating

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the 12 Most Owned Stocks by Hedge Funds So Far in 2025. On July 17, Barclays increased its price target for Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) from $249 to $275 while keeping an 'Overweight' rating. This change came after Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) reported Q2 2205 results that beat expectations. A technician in a lab coat inspecting a semiconductor processor on a microscope. The financial firm highlighted strength across all divisions of the company and noted some pull-in from consumer-exposed segments. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) increased its full-year guidance, which Barclays took as a sign that AI demand is strong. The company's management also indicated that they are working to increase supply to meet the stronger AI demand. Gross margins were within the company's guidance range. However, according to Barclays, margins would have beaten guidance if adjusted for foreign exchange effects. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is a Taiwanese multinational semiconductor contract manufacturing and design company. It manufactures, packages, and tests integrated circuits for a range of industries. While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store