Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest more than INR10 billion ($155 million) in India-based third-party logistics provider TVS Logistics, facilitating an exit for KKR and Goldman Sachs.
The Canadian pension plan will purchase the bulk of KKR and Goldman's interests in TVS Logisitics - a privately held subsidiary of TVS Group - with TVS family members and management acquiring the remainder....
Australia-based turnaround investor Allegro Funds has reached a final close on its third fund at the hard cap of A$290 million ($218 million) as well as raising A$92 million for a sidecar vehicle.
Cathay Capital Private Equity has launched a RMB1.5 billion ($227 million) China automobile sector fund with cornerstone investments from Yangtze River Industry Fund and French auto supplier Valeo.
Eight Roads Japan has led a JPY2.45 billion ($21.6 million) funding round Tokyo-based online media start-up Candee.
Baring Private Equity Asia has finalized an agreement to sell its majority stake in Korean construction materials business Halla Cement to Asia Cement.