Hsiang-Ching Tseng

The $770bn China Development Bank is following in the footsteps of GIC and KIA with the purchase of a stake in TPG's management company.

The Chinese firm has also promoted partner Hans Tung to managing director.

Wang Gongquan wrote in his blog that he has 'given up everything' to run away with Wang Qin, founder of real estate developer Jiangsu Zhongfu.

The Japanese private equity firm has shaved off $50m from its target for DRC II, which it aims to close soon on $100m.

CVC has followed its 2010 investment in Hong Kong’s Sun Hung Kai Financial with another Asian financial deal and its second in the Philippines, acquiring Rizal Commercial Banking Corporation.

The US giant is targeting RMB5bn for growth capital investments and the restructurings of Chinese state-owned enterprises.

Institutional investors committing to emerging markets have been most keen on Asia and Latin America, according to the latest research from placement and advisory firm Probitas Partners.

The Chinese private equity firm has raised $990m for its second fund, exceeding the original target of $800m and the vehicle's $900m hard-cap.

The US venture capital firm has raised a total of $650m for China- and India-dedicated funds.

Venture capital firm Sequoia Capital has made another investment in China’s e-commerce sector, investing an undisclosed amount into apparel retailer Milanoo.com.