Yvette Choo

The company said the investment in PERA Global is the largest in China’s IT sector this year.

The sovereign fund, whose portfolio recently recouped some of the value it had lost in the past fiscal year, has not made clear how its private equity investment strategy may shift.

The buyout of Burger King's New Zealand operations is the private equity industry's latest interaction with the fast food chain.

The US buyout firm will exit kbro in a share swap that gives it a 15.5% stake in Taiwan Mobile and a $14m cash consideration.

The US buyout firm will exit kbro in a share swap that gives it a 15.5% stake in the buyer, Taiwan Mobile, and a $14m cash consideration.

The Mumbai-based firm has also invested INR3.6bn in Green Infra, the portfolio company through which it acquired BP Energy India.

The private equity firm has acquired a 97% stake in Japanese information technology company VarioSecure Networks.

Kenneth Lee's retirement comes ahead of the firm's plans to raise a China-focused fund.

The investment gives the US-based firm a 99% stake in KrisEnergy, which intends to acquire a portfolio of exploration, development and production assets in Southeast Asia.

The US-based firm has reportedly closed its London office and intends to increase its presence in Asia.