Siddharth Poddar

The Hong Kong-based private equity firm's focus on Dubai continues with the launch of a fund to 'support sustainable businesses connected to Dubai as a trading, logistical and financial centre'.

Fundraising figures for 2009 show that for the first time ever RMB-denominated funds surpassed those raised in dollars.

Despite the global financial crisis, private equity activity in South Korea remained buoyant throughout 2009 and is set to keep up the pace into 2010. Siddharth Poddar looks at the market that gave Asia its largest buyout last year.

The China-focused fund manager is targeting commitments of between $300m and $350m for the final close of its second growth capital fund.

Galileo Capital aims to manage a range of private equity, venture capital, mutual and hedge funds.

Everstone Capital has started marketing Indivision India Partners II, marking its first fundraise since a restructuring took effect at the beginning of 2010.

The Indian infrastructure construction company will use the investment from Templeton's retail private equity fund for the acquisition of larger projects.

Just $1.12bn was invested in Israel's 'at-risk' venture capital sector in 2009 - a 46% decline on the 2008 total. A further slump is predicted for 2010.

The private equity arm of India’s Aditya Birla Group has raised the amount entirely from domestic investors.

The private equity arm of Franklin Templeton Investments has provided a $34m loan to PECH, marking its tenth investment from its second Asian mezzanine fund.