Aston Tan
Pune-headquartered Quick Heal says it will use the capital to further its overseas expansion.
The Kuala Lumpur-based firm has so far raised $1.1bn for Fund VI.
The firm founded by three former ICICI Venture senior managers is expected to begin fund raising in the last quarter of 2010.
The sale of Retail Decision's Australian payment processing division has returned 'substantially all' of the initial investment made by Palamon, Alpinvest and Morgan Stanley.
The firm started by ex-Baring PE Partners India partner Subbu Subramaniam is in the market and close to securing an anchor commitment.
The commitment takes the maiden fund of Renuka Ramnath's Multiples Alternate Asset Management one step closer to its $450m target.
The firm plans to sell its stake in the company, which it acquired in 2007 alongside Teachers' Private Capital for $1.5bn.
Beijing's Ambow education has filed for a listing on the New York Stock Exchange. Other shareholders in the company include Macquarie and Avenue Capital.
The bidding war for the Australian hospital chain has concluded, giving rise to the country's largest LBO in two years.
Jackson Chan, formerly at Ramius Capital, will lead Hamilton Lane's business development in the Asia Pacific region.