Yvette Choo

The buyout firm will pay up to HK$3.2bn for a stake of between 9.8% and 23.5% in the electrical appliance and consumer electronics retailer, beating rival firms including KKR and Carlyle.

Lim Siong Guan will take responsibility for the organisational development of GIC Asset Management, GIC Real Estate and GIC Special Investments. He will also manage the Singapore sovereign wealth fund’s public markets group.

The US buyout major reportedly plans to take advantage of a pilot government policy allowing foreign firms to set up wholly-owned Chinese entities in the Shanghai Pudong New Area.

China’s $200bn sovereign wealth fund is hiring globally for 33 positions across 13 departments, some of which were just created in April.

As chairman of its international advisory council, Kai-Uwe Ricke will help support the UAE-headquartered firm's management team as well as finetune its structure and corporate governance. The former chief executive of Deutsche Telekom will also be a member of the firm’s private equity advisory board.

Thailand’s government pension fund is investigating Visit Tantisunthorn for alleged insider trading and reportedly violating some of its regulations.

Foreign firms in the Shanghai Pudong New Area are now allowed to register as equity investment management enterprises. The pilot policy begain in June and will expire at the end of June, next year.

The European and Asian Special Situations fund has up to $300m in capital soft-circled and is targeting a first close this June.

The global private equity firm will invest A$65m for a stake of 18% in the Australian waste management company and the remaining A$735m will be raised via an entitlement offer.

The Indian bank is close to setting up a private equity fund with Oman and has also been designated by the Indian government as the ‘operationalising agency’ for a similar fund with Qatar.