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KKR looks to triple Vietnam investments in next decade

Bloomberg KKR & Co expects to at least triple its investments in Vietnam in the next decade as it seeks to capture rising demand from the Southeast Asian nation’s growing middle class. The US buyout firm’s investments in Vietnamese assets crossed $1 billion after a KKR-led consortium bought a stake in Vinhomes JSC, the largest real estate developer in the ...

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Singapore’s Kamet on hiring spree

Bloomberg Kamet Capital Partners Pte is on a hiring spree as the Singapore family office tops $1 billion in assets for the wealthy clients it serves in Asia. Kamet has hired seven people since April, bringing total headcount to 25, CEO Kerry Goh said. Two more staff will be added by September, said Goh, whose firm runs money for four ...

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Thailand aims to target wealthy, not mass tourism

Bloomberg Thailand’s tourism-revival strategy is to target big spenders seeking privacy and social distancing in the Covid-19 era, rather than try to attract a large number of visitors. The pandemic provides an opportunity to reset the sector, which had become reliant on Chinese groups and backpackers. Once the country’s borders are reopened and so-called travel bubbles are agreed upon, marketing ...

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