Siddharth Poddar

Morgan Stanley Private Equity Asia has offered to de-list Sihuan Pharmaceutical, a Chinese drug maker that specialises in cardio-cerebral vascular drugs.

Fundraising for Asia-focused funds may have stalled, but it has less to do with Asia than it has to with a slowdown in the pace of investments globally, writes Siddharth Poddar.

The China-focused firm plans to raise both a real estate and private equity fund denominated in the local currency.

The investment bank's private equity arm has teamed with the Khartoum-based sugar company to invest in large-scale infrastructure projects in the Sudanese and Egyptian agriculture sectors.

Nearly half of the Bahrain-based investment manager's $780m loss was attributed to unrealised write-downs of its private equity and real estate investments.

The institution may commit up to $20m in Global Environment Fund’s South Asia Clean Energy Fund, which aims to raise $200m.

The UK-based private equity firms will acquire Oerlikon Optics’ assets in China, the US, Japan, Taiwan and Liechtenstein.

Divergent Capital and Starfish Ventures are among the firms receiving a combined total of A$64 million for follow-on investments.

The India-focused private equity firm is reportedly upping its stake in the publicly traded telecom infrastructure company.

Iyad Duwaji has ended a 20-year career with SHUAA to set up an independent private equity platform. DIC's Sameer Al Ansari has reportedly been considered as a replacement.