Clare Burrows

The firm has reportedly elected Guang Shao Tu to replace Jiwei Lou as chairman of the sovereign wealth fund.

The Australian firm has hired investment director Ashley Barker as its second addition to the newly-formed direct investment team.

Investment banker Aidan Allen will join Citigroup in Australia later this year, having worked on numerous high-profile private equity deals there during his career.

The Singapore-based firm is targeting $150m for its fourth fund that will focus on investments in the agricultural and healthcare sectors in China.

In a $310m deal, the firm has exited the majority of its holding in the Chinese dairy product manufacturer after making significant operational improvements.

The bank’s private equity arm has acquired an undisclosed stake in Indian cable television company DEN Networks.

As the level of dry powder in India rebalances, some LPs are going against conventional wisdom and recommitting capital to the country.

Private equity firms investing in China must take extra precautions in due diligence and structuring a deal, according to a panel at the Milken Institute conference in LA.

The firm’s Tata Opportunities Fund has made a final close on its maiden vehicle in one of the largest fundraises for India in recent years.

Michael Scown, managing director at Intel Capital and a member of the firm's Asia investment committee, talks to PEI about the challenges of investing in tech companies in Asia.