Siddharth Poddar

The Asia-focused joint venture between Daiwa Securities SMBC and Quantum Leaps is targeting commitments of $300m for its debut fund.

Japanese LPs have provided the capital for the Tokyo-based firm's latest special situations fund.

The firm's Asian growth capital business is backing the growth of Nantong Rainbow Heavy Industry and iTour.

The Middle East investment firm will acquire a 20% interest in Gulf Cryo to help accelerate the company’s growth.

The Australian Taxation Office has sought to freeze TPG's accounts in Australia, alleging the private equity firm owes $423m in taxes on the proceeds of its Myer exit.

The Indian power trading company launched its first power-focused private equity fund in May, which it seeded through a share issue on the Bombay Stock Exchange. The terms of the joint venture agreement with Ashmore are still being discussed. The fund's target amount has not been disclosed.

IMImobile will use the second round funding to develop its service infrastructure and expand its business operations through acquisitions.

The firm may try to replicate one of its greatest triumphs - the successful turnaround of Continental Airlines - in a deal that could reportedly be worth $300m or more.

As Europe becomes ‘more homogenous and more integrated’, deal opportunities will shift, according Bruno Raschle, CEO of the Swiss fund of funds manager.

The global private equity firm will acquire up to 49.9% of Gateway Rail Freight in its second Indian logistics deal.