Yvette Choo

Starting this April, former HRJ and GIC Special Investments executive Darren Wong will lead the firm’s Asian fund of funds investment programme from its Beijing office.

The global infrastructure specialist and the South Korean bank will account for half of the fund's capital, which will be used to invest in South Korea’s infrastructure and renewable energy sectors.

The Japanese private equity fund’s investment in New Songdo City, a South Korean trade zone, would reportedly be the single biggest Japanese investment in the country.

The Dutch bank's subsidiary has invested INR450m from its $100m Indian agribusiness fund for a minority stake in an Indian agri-biotech company.

The firm has raised additional capital for future investment opportunities and to support portfolio companies backed by the firm's 2007 vintage Fund VII, which closed on $1bn.

The deal is likely the Australian private equity firm’s final investment from its second fund. It is currently raising A$1.5bn for its third fund, aiming for a first close in April.

KKR and Permira have made some senior level personnel changes in recent months, as their endeavours to crack the tough Japanese buyout market continue, writes Yvette Choo.

The private equity arm of India’s Axis Bank is on the verge of making its fifth investment from an infrastructure fund that held its first close last year on $150 million.

The fund, which is reportedly targeting $731m will focus on listed equities that have fallen in value following the financial crisis.

The Indian private equity firm has called for an enquiry into the running of retail company Subhiksha after liquidity issues surfaced and KPMG was unable to complete an independent review of company accounts.