Siddharth Poddar
Initial fundraising efforts for yet another infrastructure fund in India draw to a close, underpinning the sector’s appetite for private equity investments in the country.
The private equity division of the US bank is establishing its presence in India and has hired Aluri Rao from ICICI Venture to head its investment activity in the country.
Seoul-based Nurien Software has received an investment from a syndicate of four venture capital firms to launch a social networking platform in Korea, China and the US.
The firm is reportedly the frontrunner to acquire a stake of 15 to 20 percent in Indian outdoor media company Laqshya with at least four others in the fray.
Seoul-based Nurien Software has received an investment from a syndicate of four venture capital firms to launch a unique social networking platform in Korea, China and the US.
The Middle Eastern private equity firm has raised $200m and $150m for two of the seven sector-focussed funds it plans to raise. It is targeting $5bn across the seven funds.
The emerging market specialist has made a second investment from its China-focussed fund, citing 'clear policy support' provided by Chinese authorities for clean energy initiatives.
The Malaysia- and Singapore-based private equity firm has sold its stake in publicly listed Indo Mines after a one-year holding period.
The region is one of few slated for increased private equity investment as the pension programmes look to cut down on allocations at home and in the US, a study finds.
The Manchester City Football Club owner and former Thai premier intends to set up a private equity fund to invest in Asia.