Siddharth Poddar

The firm has invested $10m to back the expansion plans of Blue Horizon Group as it looks to tap into growing demand in the hospitality sector in China.

The Mumbai private equity firm has invested a total of $33m in two deals in a hotel developer and an oil and gas services company.

Perth's Viburnum Funds has launced its second fund to invest in SMEs in the state of Western Australia.

The global private equity firm will delist the Singapore disk-drive parts manufacturer, having reportedly edged out other private equity firms such as The Carlyle Group and Bain Capital.

The firm has strengthened its investment team with the hire of Sid Khanna, fomerly a global managing partner at Accenture, and two other partners from the consulting firm.

The two firms have invested in Delhi-based PVR Pictures to fund the expansion of its film production and distribution business.

Tim Donahue, former head of JPMorgan's Asia Pacific leveraged finance group, will start Blackstone-owned GSO's Asian credit business.

Parag Milk Foods has received a $14m investment from the Mumbai-based private equity firm to boost its procurement and processing capacity.

CITIC Capital Partners is backing Fushun Excavator, formerly a state-owned enterprise, with its second investment in two months from its China-focussed fund.

Berun Group of China and APCIG of Australia are reportedly raising the largest-ever fund to target Chinese companies focussed on environmental protection.