Yvette Choo

Continental Warehousing will use the capital to expand its port warehousing operations in Chennai and Tuticorin.

China Development Financial Company will invest both directly and indirectly in the private equity asset class.

Carlyle's 34% stake in Financial Software & Systems is in play as part of a potential deal reportedly valued at $60m.

However, though much less active, foreign currency funds invested nearly 10 times as much capital in the same period.

The Hong Kong-based asset manager is the latest in a line of firms to launch a fund under the Shanghai Pudong New Area pilot scheme.

The fund, which will reportedly raise several billion in RMB, follows the US firm’s establishment of a smaller growth capital RMB fund earlier this year.

3i is reportedly the frontrunner to acquire a 25 percent stake in Ind-Barath Power Infra for $100m.

Ho Shik Kim will advise the Korea Emerging Infrastructure Fund, which the partnership jointly manages.

The joint venture will seek capital from domestic and international investors, for an RMB fund and a US dollar fund. Both funds will have identical mandates and will co-invest together.

The bank and state-backed firm are the latest to take advantage of Shanghai's pilot fund policy. The CLSA fund will invest in sectors including renewable energy.