Kazakhstan’s sovereign wealth fund, Samruk-Kazyna, has bought a 29% stake in Kazzinc, a domestic zinc producer controlled by Glencore.
Kuandyk Bishimbayev, deputy head of the fund, refused to disclose the value of the transaction, merely telling reporters that "these were borrowed funds." Samruk-Kazyna already owns stakes worth more than...
Australian superannuation fund Hostplus has committed $50 million to a China-focused VC fund launched by Australian seed investor Artesian. The fund is targeting up to $200 million.
Yatra Online, an Indian travel services provider listed on NASDAQ, has raised INR1 billion ($15.4 million) in debt funding from InnoVen Capital.
Steven Okun, until recently KKR’s director of public affairs for Asia Pacific, has been appointed ASEAN representative for EMPEA, a global industry association for private capital in emerging markets.
East Ventures has launched a $30 million Southeast Asia fund that will make seed to Series A investments in technology start-ups, with an emphasis on Indonesia.