Hsiang-Ching Tseng

India's underserved early stage markets underpin Accel India III close on $155m, more than twice the size of its predecessor.

Morgan Stanley Private Equity Asia has taken control of Nolboo for a reported sum of $108m.

A decreasing number of funds in Australia have raised 72% more capital for the year ended 30 June.

The move underscores the growing attractiveness of the region in the eyes of investors.

CITIC Securities will respectively commit RMB500m ($78m) and RMB200m ($31m) to funds managed by CITIC Capital and CITIC Private Equity Funds Management.

Paul Costello has joined the global alternatives group as non-executive chairman to grow its Australasian business.

The global firm has agreed to buy Burger King’s New Zealand operator from Anchorage Capital Partners.

The global firm is plotting its sixth Asian fund, which could be the largest fund raised for the region since the financial crisis.

In addition to hiring a partner in Boston, the Merrill private placement spin-out has added six professionals to its team recently.

Singapore's former minister in the prime minister’s office Lim Hwee Hua will be advising the global firm’s business in Southeast Asia as well as its portfolio companies in the region.