Yvette Choo
The Singapore-based private equity firm will also hold a first close on its Cambodia-focused fund early next year.
The Singapore-based private equity firm will also hold a first close on its Cambodia-focused fund early next year.
The team will rebrand as Mainridge Capital and aims to raise at least A$150m for its first fund independent of Australia's Hastings Funds Management.
The Middle Eastern firm’s investment was made via its $125m Kuwait fund dedicated to the country's 'offset programme'.
The Chinese private equity firm was set up last year by former senior executives at Singapore's Temasek, which is an anchor investor in the fund.
Private equity investments have started to increase amid relaxed regulations and the Chinese government’s commitment to prevent a slow down in the economy.
Allco Equity Partners has terminated its management agreement with its struggling parent company, a move being disputed in court. Meanwhile, fellow Australian buyout firm Hastings is reportedly planning to separate from its parent, too.
Oaktree will be pursuing similar opportunities in Asia, with declining stock markets offering chances to acquire undervalued real estate.
Mubadala, GE and Credit Suisse are reportedly raising $500m to invest in sectors including power, water, telecoms and transportation.
Riyadh-based Amwal Al Khaleej has sold its 49 percent stake in Dubai Contracting one year after it bought the stake.