Siddharth Poddar
Despite coming in shy of target, it is the largest fund raised for Asia in the last 18 months.
Aavishkaar Goodwell II is targeting commitments of $100m to invest in enterprises active in India’s microfinance sector.
Sajith Ranasinghe has moved from New York to the $8.5bn pension fund’s Hong Kong office as it looks to increase its exposure to Asian private equity and real estate.
The smaller of the two Singaporean sovereign wealth funds is backing the Indian company’s energy expansion plans.
Boston-based Summit Partners has invested $30m in an Indian seed company in what is its maiden Asian investment.
Private equity investments in India hit a six-quarter high, with five investments of more than $100m being seen for the first time since Q3 2008.
The firm is acquiring an undisclosed stake in Jagran Media, which owns the Dainik Jagran newspaper.
Sydney-based CHAMP Private Equity is targeting a final close on A$1.5bn for its third buyout fund later this year.
The India-focused private equity and real estate firm's investment in Star Health and Allied Insurance is its maiden deal from India Advantage Fund Series 3.
IL&FS Investment Managers plans to sell part of its stake in Ramky Infrastructure's proposed IPO, through which the company intends to raise INR4bn.