Siddharth Poddar

South Korea’s Woori Financial may help Blackstone get closer to its revised $15bn target for its sixth global fund.

A major re-shuffle in the Indian private equity firm’s management continues following the departure of former head Renuka Ramnath in April.

The Shanghai-based VC firm has made two new hires as it continues investing its $320m Fund II.

The Korean buyout firm has acquired a 30.7% stake in BC Card and is looking to acquire a controlling stake in the company by the end of the year.

The Singaporean sovereign fund continues its management overhaul, appointing Lim Chow Kiat and Anthony Lim Weng Kin as respective regional heads.

DIC's Sameer Al Ansari will head the firm's operations, following the resignation of Iyad Duwaji.

The Asian frontier markets-focused firm has made two additions to its team and resumed fundraising for the Leopard Cambodia Fund, which originally closed on $27m in April.

The region's rising stature as an investment destination owes primarily to the growth of the Chinese market, according to the Swiss fund of funds manager.

The firm has reportedly walked away from the Japanese restaurant chain it purchased in one of Asia's largest-ever LBOs, handing its stake to Chuo Mitsui Capital.

The global buyout firm has reportedly hired three banks to lead the IPO of Australian department store Myer Group, which it acquired alongside the Myer family office in April 2006.