Yvette Choo

The South Korean secondaries fund will invest in private equity and special situation portfolios in South Korea and Asia Pacific.

The US-based private equity firm has also hired Stephen Barnes, former treasurer for Singapore Airlines, as director of marketing in Asia.

The principal and chief executive of the private equity real estate's Asian operations has left the outfit, reportedly to start his own firm.

Silicon wafer maker JinkoSolar has received backing from Israeli venture firm Pitgango as well as China Israel Value Capital, which is poised to launch its second fund targeting $200m.

Warburg Pincus is co-investing with the emerging markets specialist in China's 7 Days Inn Group.

The London-based private equity firm has bought a 15.3 percent stake in Chemica, the fifth investment from its Pacific Island-focused fund.

The India-based venture firms have invested nearly $8m to help 9.9 Mediaworx’s expansion efforts.

Sichuan Zhiquan Special Cement has closed a convertible preferred stock financing with investors that include Merrill Lynch, Lunar Capital and Eos.

Former Bear Stearns senior managing director Steven Kwok and Standard Charter Private Equity's ex-Korea chief, Sokho Jung, will spearhead the Swiss bank's private equity expansion into Greater China and Korea.

MBK, Macquarie, TPG and Providence were reportedly bidding on the telcom company, which represents the second Asian deal to be scuppered in recent days.