ChrysCapital has closed its seventh India fund with more than $600 million, beating its target.
UK-based development finance institution (DFI) CDC Group has partnered with India’s Manipal Education & Medical Group for an $80 million fund targeting healthcare investments in emerging markets.
An investment unit of Chinese conglomerate CITIC Group has launched a RMB6 billion ($873 million) buyout fund that focuses on China's education sector.
Three former CHAMP Ventures executives have teamed up with George Penklis, a co-founder of Quadrant Private Equity, to raise a A$275 million ($211 million) Australia and New Zealand middle-market fund.
Draper Venture Network (DVN), a global alliance of VC investors formed by US-based Tim Draper (pictured), has chosen early-stage GP Blume Ventures as its member for India.
VIG Partners has closed its third Korea-focused fund at $600 million, with support from new and existing investors including Korea’s National Pension Service (NPS).
New Zealand-based private equity investor Direct Capital has closed its fifth buyout and growth fund at NZ$375 million ($270 million).
Bain Capital Credit is targeting $750 million for an Asia-focused special situations fund to pursue direct lending, mezzanine debt and distressed asset opportunities across the region.
Switzerland-based wealth management firm and PE fund-of-funds Unigestion has acquired the Europe-focused private equity business of its rival Akina Partners.
The Longreach Group is understood to have reached a first close of approximately $200 million on its third North Asia-focused mid-market buyout fund, which has a particular focus on Japan. The full target is $650 million.
CITIC Capital Partners has achieved a final close on its third Japan buyout fund at the hard cap of JPY30 billion ($268 million). Three investments have already been made from the vehicle across retail and healthcare.
Delphinium Capital Partners, a Hong Kong-based GP formed by Harmony Asset Management executive Vivian Yan, has reached a first close of $16 million on its debut fund, which focuses on Asian female-led companies.
Stellaris Venture Partners, a Indian venture capital firm that spun out from Helion Venture Partners, has reached a first close of $50 million on its debut fund. The full target is $100 million.
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a commitment of up to $20 million in IDG Ventures’ third India-focused fund.
Indonesia’s Bank Central Asia (BCA) has launched a venture capital investment arm that will focus on financial technology.
China Everbright has reached a second close of $294 million on its cross-border investment fund.
Indian early-stage VC firm Endiya has reached a final close of INR1.75 billion ($25.7 million) on its debut fund.
India-based impact investment firm Aavishkaar-Intellecap Group has raised $25 million from Triodos Investment Management and the Shell Foundation.
New York State Teachers’ Retirement System (NYSTRS) has disclosed a commitment of $100 million to MBK Partners’ fourth North Asia buyout fund, which closed at $4.1 billion in December 2016.
China’s Ministry of Finance and the Cyberspace Administration of China (CAC) - the country's internet oversight agency - have launched an internet-related investment fund with a target of RMB100 billion ($15 billion).
Tokio Marine Capital has reached a second close of JPY41.7 billion ($363 million) on its latest Japan mid-market fund. The full target is JPY50 billion.
IDFC Alternatives, the alternative asset investment arm of India’s IDFC Group, plans to continue its strategy of building platforms with its fourth fund.
Saama Capital has closed its third India venture capital fund at $57 million, above the target of $50 million.
India Value Fund Advisors (IVFA) has changed its name to True North (Managers) and formalized its sector specialist strategy.