Aston Tan

Less than a month after CVC abandoned a rival consortium bidding for the Australian healthcare chain, Blackstone has withdrawn from a syndicate including TPG and Carlyle.

Taimoor Labib, who joined Standard Chartered in March from Riyadh-based Jadwa, will head the bank's MENA and Turkey private equity operations.

The firm joined investors including Goldman Sachs in a $514m fundraising round for mobile data company Emobile, ahead of its merger with eAccess.

The investment comes in the form of a subscription of shares and bonds issued by Singapore Exchange-listed China Animal Healthcare.

The two firms are among the parties locking horns over the San Miguel-owned cured meats company, which could be valued at up to $2bn.

The Hong Kong-based firm has sold its stake in Australia's Loscam to China Merchants Group.

The alternative investment firm is targeting almost twice the amount it raised for its first Japan-based fund.

The investment will see the private equity firm take a minority stake in Monnet Power, a subsidiary of CX partners' Monnet Ispat and Energy.

The firm, alongside Google-backed Song Investment Advisers, has invested $15m in K-12 Techno services.

The undisclosed size investment in mezzanine debt notes will be used as part of the restructuring of the fast-food franchisee's existing debt package.