Siddharth Poddar

Companies that received private equity investments between 2002 and 2006 outperformed their listed counterparts on most indicators, according to a recent study.

The revised offer is a $300m increase on the proposal made last month to the struggling Japanese carrier, as the syndicates seeks to head off a bid from rival Delta Airlines.

The 41-year-old private equity firm has acquired a minority interest in Micromax as the company looks to make the most of a rapidly growing mobile subscriber base in India.

Private equity deal volume in India in 2009 declined 48% compared to 2008, but the number of exits increased to 66 from 36 in the same period.

The China-focused firm will soon close a $1.4bn fund, but sources say it could have raised double that amount.

The Australian private equity firm has now gathered a 48.64% interest in the Queensland-based renewable energy provider.

The subsidiary of Singapore’s United Overseas Bank is targeting a total of $250m for its second ASEAN China Investment Fund.

Varun Bajpai and Praveen Gupta have been appointed the CEO and deputy CEO of SBI Macquarie Infrastructure Management respectively.

In the first eleven months of 2009, private equity firms invested just $3.25bn in India and the number of deals struck declined by more than 50%.

The Seoul-based firm, which has fully deployed its maiden fund, aims to raise up to $858m.