Siddharth Poddar

New Intelligent Workstation Systems, a portfolio company of private equity firms Longreach and Phoenix, has deferred the disclosure of its interim financial results owing to possible accounting fraud.

The Japanese venture capital firm affiliated with Mizuho Bank has closed a ¥22bn fund to invest in diverse sectors.

The chief executive of DIC Emerging Markets, one of the arms of the Dubai investment firm, is leaving the company.

In its second fund, Indian venture capital firm Helion Venture Partners has moved beyond technology as its core focus, to include businesses targetting Indian consumer demand.

Baring Asia has made its first investment in clean energy after exploring opportunities in this sector across the region.

London-based emerging market investment specialist Aureos has taken a minority stake in a Thai engineering firm.

The US firm is buying in investment banking expertise as it looks to expand its Asian portfolio.

The Dubai fund manager hopes its regional expertise will give it the edge as it expands its geographic reach to include Syria, Lebanon and Jordan.