Siddharth Poddar

The Middle East investment firm's third private equity fund will allow foreign contractors in Kuwait to fulfill ‘offset obligations’ through an investment in the fund.

Lombard Investments has purchased a minority stake in a medical services company in the Philippines, with an eye on the increasing domestic demand for private healthcare.

The investment firm will buy a Chinese dairy business from Hunan AVA Holdings to capitalise on the rapid growth of the infant formula business in the country.

BTS Investment Advisors’ India-focussed fund has acquired an undisclosed stake in an Indian drug provider to fund the company’s next stage of growth.

The first-time fund is investing in Israeli companies in sectors such as energy, water and the environment, and has already made seven investments.

The country’s government pension fund will invest about $650m in global private equity and real estate in the coming months.

The Mumbai-based private equity firm hopes to capitalise on opportunities in the sector provided by rapidly growing international trade.

The Swiss advisory firm has its eyes set on the Asian alternative assets market as it opens its first non-European office and appoints Mark Engler to spearhead its operations in the region.

The private equity arm of Franklin Templeton Investments has appointed David Hudson as the head of its Asia operations, following the departure of Sean Wallace.

The Bangalore-based private equity firm has sold its stake in an Indian e-learning company to DE Shaw in what is easily among the largest exit multiples seen in the country.