China Communications Construction Company (CCCC) and the National Council for Social Security Fund (NSSF) have established a RMB15 billion ($2.3 billion) infrastructure fund.
The vehicle, CCCC First Phase Equity Investment Fund, received RMB9 billion from state-owned enterprise CCCC and RMB6 billion from NSSF, according to a filing. The pension fund will hold a 40% stake in...
Manila-based private equity firm Navegar has closed its second Philippines fund with $197 million in commitments. The initial target was $150 million.
Singapore-headquartered investment firm Blue Ashva Capital has secured a first close of INR4.5 billion ($60 million) for an India-domiciled fund that will invest in small and medium-sized enterprises (SMEs) and start-ups.
Investcorp has led a $56 million Series C round for Indian managed co-living accommodation platform operator Zolo.
Energy giant BP has agreed to invest $70 million in Green Growth Equity Fund (GGEF), a PE vehicle co-managed by Everstone Group that invests in sustainable infrastructure projects in India.