Siddharth Poddar

A turnaround fund launched by Korea Development Bank earlier in the year has acquired sewing machine maker Sunstar Precision for W40bn.

IL&FS Investment Managers was the first Indian private equity firm to raise an infrastructure fund and was among the earliest entrants into real estate. Executive director and CEO Archana Hingorani talks to Siddharth Poddar about its evolution into a diversified alternative asset manager.

The Australian firm has also made its maiden investment from its debut fund, acquiring an 18 percent stake in Solar Shop Australia.

South Korea’s National Pension Service will reportedly resume its overseas investments from next month and increase its investments in overseas alternative assets.

South Korea’s National Pension Service will reportedly resume its overseas investments from next month and increase its investments in overseas alternative assets.

The Asia- and North America-focused private equity firm has acquired 48 million shares in Robinson Department Store for an estimated price of THB396 million.

A recent survey shows private equity firms are keen to invest in the healthcare and life science sectors although concerns remain as to a lack of clarity in regulations, long gestation periods and a shortage of talent.

Nova Medical Centres has already opened its first facility in Bangalore and has started building a second.

Venture capital firms IDGVC Partners and Infiniti Capital are backing the growth of Beijing-based One Net Entertainment. The $20m investment will be used by the company to pursue gaming development and to launch more mobile and online games.

China’s National Social Security Fund, which started backing Chinese fund managers last year, is reportedly seeking permission to commit capital to foreign private equity firms as it looks to diversify its portfolio.