A record amount of uninvested capital at funds, cheaper financing as interest rates fall, and pressure for asset sales from investors seeking returns, are among the reasons the people cited for an upturn in deal activity and size.
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An Indonesian unit of management consultants McKinsey & Company has been appointed to conduct a feasibility study on moving the capital from the crowded, flood-prone city of Jakarta on Java island to the forested island of Borneo, an official said.