Yvette Choo

The latest changes to Apax's Asian lineup include retirement of chairman Max Burger-Calderon and resignation of principal Michael Prahl.

One of Japan's largest private equity firms fired the partner upon learning of an investigation by authorities. The partner, identified as Kenichi Kiso by an LP, passed away the following day.

The firms will also develop infrastructure projects in the power, water and transportation logistics sectors in Jordan and Kazakhstan.

Bain and General Atlantic will submit bids estimated in the $1bn region for Morgan Stanley’s stake in CICC, while Blackstone and KKR are reportedly bidding for AXA’s stake in China’s Taikang Life.

The US private equity giant has officially launched its first RMB fund and signed an agreement with the state-backed Shanghai Lujiazui Financial Development Company.

The private equity majors and sovereign wealth fund are reportedly among the first round bidders for AXA’s majority stake in Taikang Life, which is valued at $1.05bn.

The state planning agency has launched the high-technology focused funds together with seven provincial governments. No financial details were disclosed.

The Australian sovereign wealth fund's exposure to private equity grew 520% year-over-year.

At least $300m has been pledged so far toward the MENA- and East African-focused funds, details about which are expected to emerge in coming months.

Assets under management at China’s National Social Security Fund are predicted to rise to RMB1trn in 2010, meaning its 10% allocation to private equity will stretch to RMB1bn.