FountainVest Partners has closed its third China-focused fund at the hard cap of $2.1 billion after approximately six months in the market
The International Finance Corporation (IFC) is considering an investment of up to $25 million in Maison Capital’s debut US dollar-denominated China fund, which has an overall target of $200 million.
Multiples Alternative Asset Management has reached a final close of $690 million on its second India-focused fund, beating the target of $650 million.
AirTree Ventures claims to have raised Australia's largest-ever venture capital fund, having closed its latest vehicle at A$250 million ($188 million)
Lindeman Asia Investment, a South Korea and China-focused PE firm that concentrates on small and medium-sized enterprises, has launched a KRW300 billion ($273 million) fund with backing from domestic LPs.
Apax Partners has made a partial exit from Indian non-banking finance company (NBFC) Cholamandalam Investment & Finance, generating proceeds of $102 million.
The renewable energy division of Australia’s Department of Industry, Innovation & Science has launched a A$20 million ($15.3 million) seed fund that will focus on domestic clean energy start-ups.
Indian mid-market PE firm Ambit Pragma has invested in Prime Focus Technology (PFT), a subsidiary of Indian media services company Prime Focus.
The International Finance Corporation (IFC) will invest up to $15 million in the debut fund of Philippines-based private equity firm Sierra Madre Managers.
SeaLink Capital Partners and the International Finance Corporation have committed a INR 1 billion ($14.9 million) Series C round to India-based dialysis clinic chain NephroPlus.
Innovation Network Corporation of Japan (INCJ) has committed to invest up to JPY700 million ($7 million) in a fresh round of funding for domestic industrial materials specialist Nakayama Amorphous.
New Zealand private equity firm Oriens Capital has received commitments for its debut fund in excess of the vehicle’s first-close target of NZ$30 million ($21.8 million).
CDIB Capital commits $30 million to China's Tutwo Outdoor to help its supply chain consolidation play
China Everbright has reached a first close of $264 million on a new global investment fund.
Indian micro-finance institution (MFI) and non-banking finance company (NBFC) Suryoday Micro Finance has raised INR1 billion ($15 million) in fresh capital, with Aavishkaar Goodwell fully exiting the company in a separate transaction.
ICICI Venture has exited nearly all of its remaining stake in Indian staffing services company TeamLease for INR1 billion ($15 million).
NextVR, a US-based start-up developing live streaming content for virtual reality (VR), has raised an $80 million Series B round, mostly from investors in Asia.
Mandala Capital, a South Asia-focused PE firm that invests in the agricultural sector, has reportedly reached a first close of about $140 million on its second fund.
The International Finance Corporation (IFC), the investment arm of the World Bank, has committed $200 million to its IFC Emerging Asia Fund (EAF).
MPM Capital, a US venture firm focused on early-stage life science companies, has launched a new investment vehicle in partnership with Japanese pharmaceutical company Astellas Pharma.
Indian boutique investment bank O3 Capital has launched a fund targeting $120-150 million that will focus on domestic, early-stage hospitality sector investments.
Singapore’s Vickers Venture Partners has reached an S$86 million ($63.3 million) first close for its fifth fund, which is targeting early and expansion stage Asian companies.
US-based 500 Startups has received $8.3 million in LP commitments for its Thailand-focused early-stage fund 500 TukTuks after expanding its targeted scope on the back of increased investor interest.
PNB Housing Finance, the mortgage lender subsidiary of India's state-run Punjap National Bank that is backed by The Carlyle Group, has filed for a INR25 billion ($370 million) IPO.