Clare Burrows

As ICICI Venture's distressed investment vehicle with Apollo Global Management continues to raise capital, the firm's chief executive and managing director Vishakha Mulye explains the motivation behind raising a special situations vehicle for India.

Southeast Asia has displaced India as the second most attractive market in the region for fund managers, according to a recent report looking at 2013.

The global firm has invested a further $200m in the consumer-focused subsidiary of the Masan Group despite Vietnam's troubled domestic economy.

The US mid-market firm has acquired Bohemia Interactive Solutions, completing yet another Australia-related education investment.

The incumbent chief investment officer at the Singaporean sovereign wealth fund has retired, making way for deputy Chow Kiat Lim to succeed.

China fundraising figures show more capital was raised by private equity firms in RMB than USD during 2012, in contrast to the preceding year.

The global asset manager has divested all investments from its second emerging markets vehicle, though it had to contend with a difficult exit market.

The Southeast Asia-focused firm gained a 1.9x return on its sale of a poultry business alongside co-investor Rabo Capital.

The amount private equity firms invested in India during 2012 dropped 15% year-on-year, with Q4 figures especially low, according to Venture Intelligence data.

As LPs in Asia mature, the reasons they choose to sell will increasingly involve portfolio management, according to Jason Sambanju, managing director and co-head of Asia at Paul Capital.