Australia’s Macquarie Infrastructure and Real Assets (MIRA) has achieved a final close for its second Asia-focused infrastructure fund at the hard cap of $3.3 billion.
It follows a $300 million cornerstone commitment last year from Alberta Investment Management Corporation, which represented the Canadian investor’s first deployment in the region. Additional contributions...
Funds SA, which is responsible for investing on behalf of South Australia’s public-sector superannuation funds, has recruited Cameron Sinclair (pictured) from Future Fund to lead private equity and infrastructure activity.
Industry participants have praised steps taken by the Hong Kong government to make it easier for private equity firms to operate locally, while cautioning that challenges remain regarding the regulation of managers in the territory.
Ascent Capital, a Singapore-based private equity firm set up last year with a focus on Myanmar, has formally launched its debut fund with about $50 million in confirmed commitments.
Chinese consumer electronics retailer Suning has committed $50 million to a US dollar-denominated co-investment vehicle managed by Yunfeng Capital that will support the $1.4 billion privatization of iKang Healthcare Group.