Funds
NZ Direct Capital closes Fund IV
New Zealand private equity and venture capital investor Direct Capital has announced the close of its Direct Capital IV fund at NZ$325 million ($250 million), well above the fund's NZ$250 million ($175 million) target.
Augentius opens Mauritius office for India
Fund management specialist Augentius has been authorized by regulators to open an office in Mauritius to serve Mauritian-domiciled private equity funds.
Chunghwa Telecom backs ex-Google Lee's Innovation Works
Taiwanese telecoms major Chunghwa Telecom has announced commitments to Innovation Works, the incubator and early stage VC fund launched by ex-Google Greater China founding president Kai-Fu Lee.
Pantheon sold to AMG for $775 million
Pantheon Ventures, the UK-originated global fund-of-funds manager, has been sold for some $775 million in cash by Russell Investments, its owner since 2004, to Affiliated Managers Group (AMG), a US asset management firm coordinating a network of affiliates...
Helion, Bessemer bet on NetAmbit
India-focused venture fund Helion Venture Partners has announced it will inject INR400 million ($8.6 million) into financial products distributor NetAmbit, a market leader in the space on the sub-continent.
WI Harper's Lam made Valley's AAMA president
WI Harper Group MD David Lam has been appointed President of Silicon Valley's Asia America MultiTechnology Association (AAMA), a Valley business network set up to foster VC ties between Sand Hill Road and Asia.
Bocom launching $500 million offshore fund
Leading Chinese lender Bank of Communications (Bocom) is reportedly rolling out a USD-denominated China-focused offshore private equity fund through its Bocom International Asset Management arm, targeting $250-500 million.
Adams Street Nicum hire may mean India tilt
Adams Street Partners has hired former Coller Capital principal Pinal Nicum as a Partner with its London-based secondary team.
CITIC Capital Partners closes ahead on $925 million
Strong result suggests hearty LP PRC appetite
Axis spinout may set trend in India
Parent bank to remain anchor LP
Industry Q&A: Benjamin Fanger
Benjamin Fanger, co-founder and MD of China-focused distressed investment fund Shoreline Capital Management, speaks to AVCJ’s Christina Kautzky
Temasek plans new public markets vehicle Seatown
Singapore SWF Temasek Holdings has reportedly registered a new multi-strategy hedge fund-like investment company, Seatown Holdings International, to invest in securities from stocks to bonds and target absolute returns.
Daniel joins Accel in India
Anand Daniel, previously a senior associate with Boston-headquartered early stage VC Flybridge Capital Partners, has joined Accel Partners as a principal in the firm's Bangalore office.
Founder Institute opens in Singapore
The Founder Institute, an entrepreneurship program started by other entrepreneurs and backed in Singapore by Battle Ventures and Ascendas iAxil, has opened in Singapore and is accepting its first applications for trainees.
Affinity not raising new fund
Notwithstanding earlier incorrect media reports, leading independent regional buyout firm Affinity Equity Partners has no plans to start raising a new fund this year.
SEC reconsiders placement agent restrictions
The US Securities and Exchange Commission (SEC) may review its recently unveiled plans to prevent private equity firms from hiring placement agents to help seek funds from public pensions.
LMS cites Asia interest
London-listed growth capital and low-to-mid-cap buyout investor LMS Capital has expressed interest in deals in China and India.
Jeremy Coller of Coller Capital
After putting tough questions to the opening panel at the 2009 AVCJ Private Equity & Venture Forum in Hong Kong, Jeremy Coller, CIO of Coller Capital, has the tables turned on him by AVCJ's Christina Kautzky.
Thai Government Pension Fund will boost PE, realty
Thailand’s Government Pension Fund (GPF) will boost its overseas investments, including private equity fund investments and direct investments in real estate and infrastructure, Sopawadee Lertmanaschai, secretary-general of GPF announced earlier in...
India's Ascent beats odds, raises $350 million
Ascent Capital Advisors India Pvt. Ltd. has announced the close of its Ascent India Fund III, garnering $350 million in commitments, amid rumors that the fund was in fact oversubscribed.
CIC enters Apax's "closed" Europe VII fund
China Investment Corporation (CIC), China's $300 billion sovereign wealth fund, has reportedly invested €685 million ($952 million) in Apax Partners' Apax Europe VII, a €11.2 billion ($15.5 billion) buyout fund that was ostensibly no longer open to...
JPMorgan closes $858.6 million Asia infra fund
JPMorgan Asset Management has announced the close of its JPMorgan Asian Infrastructure & Related Resources Opportunity Fund at $858.6 million.
TPG hires Kapur for India consumers
TPG Capital has announced the hire of Gunender Kapur, previously President and CEO of the foods division of Reliance Retail, as a senior advisor on the Indian retail and consumer space.
Axiom closes Fund II ahead on $950 million
Excess interest post-crisis shows Asia, brand appeal