IPEM Cannes 2024 – The Daily Spin – January, 25th
The shifting role of LPs was the overarching theme for the morning session of Day 2, at the 10th edition of IPEM in Cannes. After a full day of yoga,…
South Korean VC firm, Daesung Private Equity, plans on writing a virtual reality cheque with its new Metaverse Scale-Up Fund. The new $83.5 million fund is the firm’s biggest yet as it plans to power up its portfolio and gain a first mover advantage. Digital investment is a big trend in Asia, with Deloitte estimating it could boost Asia’s annual GDP by $1.4 trillion by 2035. Some GPs are still working out how to explore their adventures in Meta-land. Now, with the backing of the Korea Venture Investment Corporation – via it’s Korea fund-of-fund vehicle – it would seem Daesung are hoping to become the Masters of the Metaverse.
The shifting role of LPs was the overarching theme for the morning session of Day 2, at the 10th edition of IPEM in Cannes. After a full day of yoga,…
CVC Capital Partners are hoping it will be third time lucky as they prepare to float on the Amsterdam stock exchange. The IPO will see one of Europe’s largest private…
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