Aston Tan

WestBridge has raised what it is calling India's first-ever Evergreen-style private equity fund with a life cycle of 20 years and extensive recycling provisions.

Franklin Templeton Darby Private Equity is the latest firm to establish a partnership with Shanghai to establish an RMB-denominated fund.

The China-focused venture firm will continue to make investments in the country's IT, cleantech and consumer services sectors, but will now also target healthcare for the first time.

Apollo's Sanjay Patel and Hamilton Lane's Juan Delgado Moreira (pictured) were among speakers who pointed to interesting investment opportunities amid global economic turmoil.

The firm has garnered $97m for its second close following commitments from investors including founder Charles Johnson and fund of funds Asia Alternatives Management.

UK-listed fund manager Origo Partners, which is active in both China and Mongolia, is in the market to raise a $200m fund targeting China’s cleantech sector. PE Asia caught up with the firm’s chief executive officer Chris Rynning, to discuss the firm’s pipeline in both regions.

Helmed by former ChrysCapital executive Brahmal Vasudevan, Creador has set its sights on Indonesia's consumer sector.

Silver Lake, DST, Temasek and Yunfeng Capital have provided the capital for a 'liquidity programme', allowing employees in China's largest e-commerce company to cash out some shares.

Australian private equity funds returned 7.7% in the past year, versus the S&P/ASX 300's 3.8%, according to the latest data released from Cambridge and AVCAL.

The Australasian firms will sell Independent Liquor to Japan's Asahi Group - another example of Japanese firms expanding via cross-border M&A.