Yvette Choo

The $10m funding round will be used to augment Viva’s team, improve its mobile media platform and develop new products.

The UK-government backed fund of funds has backed funds focused on Southeast and Central Asia. It expects the two funds to raise a total of $225m.

Launched in the beginning of 2008, the Standard Chartered IL&FS Asia Infrastructure Growth Fund is seeking a $1bn final close later this year.

The Beijing Zhongke Fangshan Venture Capital Fund will reportedly invest in hi-tech companies in the capital’s suburban areas.

The fifth fund raised by Advent's Asian affiliate fell short of its $200m target but is more than double the size of its predecessor.

The investment advisor is also developing a Japanese private equity fund of funds, to be launched within the year.

The Dubai-based firm has also partnered a Bahrain telecommunications company, to buy 49 percent of an Indian mobile operator, for $225 million.

The China-focused fund will invest in ‘smaller players’ in the pharmaceuticals, consumption, high tech manufacturing and alternative energy sectors. The firm is also raising another fund targeting a $750m close in the second quarter.

Using a Chinese name similar to the Asian private equity firm, an organisation has allegedly set up websites with material copied straight from Baring’s own website.

The fund has reportedly led a consortium to buy $700m worth of Bank of China shares and picked up a $400m stake for itself.