Siddharth Poddar

The firm's Asian leveraged finance team has established a presence in Australia with the hire of David Balint in Sydney, who brings with him 12 years of investment banking experience.

The Mumbai private equity firm has made its fourth investment from its debut fund to help scale up the operations of Vishwa Infrastructures & Services.

The first half of the year has seen deals worth more than $6.3 billion close, with investments in telecom and energy making up almost 40 percent of the numbers.

Singaporean hedge fund manager 3 Degrees Asset Management has launched its first private equity-style fund targeting $250 million. It has hired Michael Gilmore from Nomura Securities.

Hangzhou, a picturesque historical city near Shanghai, is reportedly looking to raise RMB5 billion and RMB560 million for an industrial fund and a venture capital fund respectively.

The Bangalore-based private equity firm is targeting $200 million for its second India-focussed growth fund.

CVC Capital Partners has hired Zhu Wei from Goldman to head its new office as it joins a growing number of private equity firms venturing into China's capital.

The global private equity firm will invest $87m in Sinorgchem, China's largest producer of rubber antioxidant chemicals.

In what is the latest in a series of reforms in China's private equity sector, regulatory authorities seem set to allow securities houses to start private equity operations.

SHUAA Partners has raised $165m to invest in hotels, resorts and serviced apartments in the Middle East and North Africa.