Funds

Bain moving Sarkis to Asia

Bain Capital is relocating Walid Sarkis, a Managing Director and one of the founders of its European operations, from London to Hong Kong, where he will help drive the firm's regional operation.

Origo signs Xinxiang RMB enviro fund MOU

Origo Partners, an AIM-listed China and India-focused investment firm, has signed an MOU with the Xinxiang Municipal Government in Henan province in northeast China, to set up the RMB-denominated Origo China Sustainable Development Fund.

Bain's Gome could face fines in Huang trial

Huang Guangyu, the founder and former chairman of Bain Capital investee Gome Electrical Appliances Holdings, has gone on trial in Beijing, charged with illegal business operations, insider trading and bribery.

Bery sues JPM over firing, spinout

Varun Bery, former MD and co-founder of TVG Capital Partners, and later co-head of JPMorgan's private equity investment arm in Asia Pacific, is now reportedly suing the bank over $30.8 million alleged lost income, also alleging wrongful dismissal and...

Singapore reviewing private equity fund regs

The Monetary Authority of Singapore, the state's financial regulator and central bank, has announced a formal review of its private equity and hedge fund regulations, amid global trends towards tighter private fund regulation.

JAFCO, Pac-Link invest Synerchip

JAFCO Asia and Pac-Link Capital have co-led a $10.5 million Series C investment round into Taiwan, Korea and Silicon Valley high-speed digital interface semiconductor company Synerchip Co. Ltd.

HarbourVest recruits Lund for EMEA marketing

HarbourVest Partners has enhanced its initiative to develop new LP clients in MENA and Europe with the hire of Simon Lund as Head of Sales and Marketing for Europe, the Middle East and Africa.

HarbourVest to open Japan office

Leading global fund-of-funds investor HarbourVest Partners will open an office in Tokyo, its first presence in Japan despite a pioneering track record in Japan-focused investing.

  • LPs
Riverside now open in Melbourne

Following on the commitment made in January 2010 by Stewart Kohl, its co-CEO, mid-market investment firm The Riverside Company has now opened its first Australia office, on Collins Street in Melbourne.

Helion, Nexus join DFJ on PubMatic

Indian VC firms Helion Ventures and Nexus India Capital Advisors have joined Draper Fisher Jurvetson in a $7.5 million Series C round for their existing investee PubMatic, an online ad revenue optimization business based in California.

Subramaniam plans own firm

N. ‘Subbu’ Subramaniam, who resigned as a partner of Baring Private Equity Partners India (BPEP India) in August 2009, is now planning to launch his own private equity firm, according to reports.

Tsing Capital fourth fund mooted

Tsing Capital, the Beijing-headquartered pioneering cleantech and environmental investment firm, is targeting $250 million for a fourth fund, China Environment Fund IV, according to reports.

Walden announces duet of deals

Veteran Asia Pacific VC investor has announced two new deals, one in China, with a Series B financing of Best Logistics Technologies, and one in India, with an expansion round for Quattro BPO Solutions.

Ashmore partners with PTC on India fund

Ashmore Investment Management, the London-headquartered emerging markets investment manager, has partnered with PTC India, a power trading solutions company, on a private equity fund to be launched later in the year, according to PTC.

Larsen & Toubro plans India infra fund

In the latest fund formation news from a major Indian corporate, Larsen & Toubro Ltd., the Subcontinent's largest engineering firm, has announced plans to form a $300 million fund to invest in the infrastructure sector.