As December approaches, it’s time to reflect on 2024 and plan for 2025, starting with the Indonesia PE-VC Summit. Notable updates include Affirma Capital’s $350 million India fund target, LeapFrog Investments closing its fourth fund at $1.02 billion, and BlackRock’s potential $12 billion acquisition of HPS Investment Partners. Additionally, companies like Stellaris Venture Partners and Gobi Partners are expanding their operations. In Southeast Asia, GLP considers a Hong Kong listing, while Mynt delays its IPO. M&A activity in Vietnam rose significantly, and the logistics sector in Southeast Asia saw a rebound in funding.