India-focused GP Nalanda Capital has raised $620 million in a fresh tranche of funding for its evergreen vehicle Nalanda India Equity Fund.
B Capital Group, a VC firm launched by Facebook co-founder Eduardo Saverin and Raj Ganguly, formerly of Velos Partners and Bain Capital, has reached a first close on a US and Asia-focused fund, which has a full target of $250 million.
Mark Machin, head of international and Asia president at Canada Pension Plan Investment Board (CPPIB), will become the pension fund’s next global president and CEO. The appointment comes as CPPIB’s annual report indicates a continued ramp up in its...
IDFC Alternatives has concluded its partial exit from Indian dairy firm Parag Milk Foods via the company's IPO, realizing INR1.8 billion ($26.7 million) from the offering.
Corporate VC funds operated by real estate developer CapitaLand, cloud services provider DeClout, agriculture company Wilmar International and logistics provider YCH Group will share S$40 million ($29 million) in seed funding from Singapore’s National...
Warburg Pincus will open an office in Singapore to improve its ability to identify and evaluate investment opportunities in Southeast Asia.
WI Harper Group has closed its eighth venture capital fund, which targets early-stage investments in Asia-focused companies, at $175 million.
Mekong Capital has reached a final close of $112 million on its fourth Vietnam-focused fund. The original target for the vehicle was $150 million.
Geodesic Capital, a US-based venture capital firm focused on helping start-ups drive Japanese expansion, has closed its first fund at $335 million.
AbbaLab, a Japanese start-up incubator focused on hardware prototyping in the internet-of-things (IoT) space, has launched a JPY1.5 billion ($14 million) fund.
Meridian Capital, a Chinese technology-focused venture capital firm, is looking to raise RMB2 billion ($307 million) for its latest renminbi-denominated fund.
The International Finance Corporation (IFC), the investment arm of the World Bank, has teamed up with Hong Kong-based ADM Capital to launch a lending platform to support small and medium-sized enterprises (SMEs) in Asia.
Aura Group, an Australia and Singapore-based fund management and investment business, is raising an Australia-focused venture capital fund with a target corpus of A$30 million ($21.8 million).
The International Finance Corporation (IFC), the investment arm of the World Bank, will invest up to $7.5 million in a PE fund managed by Singapore's Emerging Markets Investment Advisers (EMIA).
Japanese oncology specialist Taiho Pharmaceutical has launched a VC arm that will invest an initial pool of $50 million in global start-ups focused on cancer therapies.
Gree Ventures – the VC arm of Japanese online media and gaming company Gree - has achieved a first close of its second fund with about $37 million in commitments.
India and Mauritius have agreed to amend their double taxation treaty (DTA) so as to allow India to levy capital gains tax on foreign investors from 2017.
Singaporean port terminal operator PSA International has launched a logistics-focused venture capital arm with an initial fund size of S$20 million ($14.6 million).
Chinese tech company Kuang-Chi has launched an Israel-based global innovation fund and is targeting a corpus of $300 million within the next three years.
UC Capital, a joint venture between Urdaneta Capital and Capvent, has launched a fund that will invest in European companies and help them open up new growth channels through exposure to India.
China's Qihoo 360 Technology, which is currently involved in a take-private deal worth $9.3 billion, has denied rumors that it held discussions with regulators over a potential domestic back-door listing.
South Korea’s Government Pension Investment Service (GEPS) is looking to make two commitments – of $50 million apiece – to overseas GPs operating co-mingled global secondaries funds.
The Japan Bank for International Cooperation (JBIC) has made an LP commitment to KKR’s latest North American fund. The size of the investment was not disclosed.
Early-stage investors in Australia will be granted a string of new tax incentives as the government continues its efforts to develop a more innovative economy.