A consortium led by Brookfield Asset Management has agreed to invest INR252 billion ($3.66 billion) in the telecommunication tower unit of India’s Reliance Industries. It is said to be the largest foreign investment in an Indian infrastructure asset...
SoftBank has invested $250 million in Ola Electric, an electric vehicle (EV) company that spun out from Indian ride-hailing platform Ola earlier this year. The new investment reportedly brings Ola Electric’s valuation to over $1 billion.
EQT infrastructure has abandoned a bid it extended less than two weeks ago to acquire Australian broadband internet provider Vocus Group for about A$3.3 billion ($2.3 billion).
China’s state-owned Yangtze River Industry Fund and China Information Technologies Group have jointly launched a RMB5 billion ($723 million) fund with a focus on 5G technology.
EQT Infrastructure has offered to acquire all the shares in Australia-listed broadband internet provider Vocus Group in a deal that values the company at about A$3.3 billion ($2.3 billion).
Natixis Investment Managers is leveraging a novel affiliate-manager structure to grow fund exposure in Asia in a sustainable way. Alternatives, and increasingly private equity, are driving much of the progress
German financial services giant Allianz has committed $600 million to funds managed by GLP, a PE-owned warehouse operator based in Singapore, with a view to investing in logistics in China and Japan.
KKR and GIC have agreed to invest a combined INR20.6 billion ($295 million) for minority stakes in India-listed infrastructure investment trust India Grid.
Apis Partners has agreed to invest up to $110 million in L&T Infra Debt Fund (L&T IDF), a subsidiary of India’s L&T Finance Holdings focused on financing infrastructure projects in India.
Indonesian logistics start-up Sicepat Ekspres has raised $50 million in Series A funding from Kejora Ventures and Barito Teknologi, the technology investment arm of Indonesian energy conglomerate Barito Pacific.
CleanMax Solar, an Indian solar power developer with several PE backers, has raised INR2.75 billion ($39 million) from UK Climate Investments (UKCI), a renewable energy investment platform managed by Macquarie Infrastructure and Real Assets.
Abu Dhabi Investment Authority (ADIA) and India’s National Investment & Infrastructure Fund (NIIF) have agreed to acquire a 49% stake in the airport businesses of India’s GVK Power & Infrastructure.
Petroliam Nasional (Petronas), Malaysia’s state-run oil and gas company, has agreed to acquire Amplus Energy Solutions, an Indian solar power developer backed by I Squared Capital.
Indonesia has set the stage for more private sector involvement in a government-dominated and desperately underdeveloped infrastructure space. A range of intangibles could impede the integration
As demand for private equity grows among institutional investors globally, HESTA is focusing on building its internal unlisted assets expertise to connect with potential fund managers on their own terms
TPG Capital and Goldman Sachs have joined a S$450 million ($332.6 million) investment in AirTrunk, a Singapore-based provider of data center services.
Indian renewable energy developer Avaada Energy has raised a INR10 billion ($144 million) investment from a consortium including the Asian Development Bank (ADB) and development institutions DEG and FMO.
Sprng Energy, an Indian renewable energy platform backed by Actis Capital, has acquired a 194 megawatt portfolio of operating solar power assets from SP Infra, the infrastructure investment arm of Shapoorji Pallonji Group.
Tata Group, GIC Private, and special situations investor SSG Capital have formed a consortium to invest INR80 billion ($1.1 billion) in India’s GMR Airports (GAL). It will facilitate a number of private equity exits.
Singapore’s GIC Private has agreed to invest INR50 billion ($713 million) in India-based telecommunications provider Bharti Airtel.
As the US overhauls its development finance institution in response to China’s growing infrastructure investment, the PE industry is preparing for a world in which politics goes hand-in-hand with capital
ESR, a pan-Asian logistics and fund management platform that was seeded by Warburg Pincus, has filed for an IPO in Hong Kong.
Several venture capital firms, including Global Brain, are participating in a Japanese government-backed accelerator program for space start-ups.
Ayana Renewable Power, an Indian renewable energy platform managed by CDC Group, has raised $330 million from its parent, along with new investors the National Investment and Infrastructure Fund of India (NIIF) and EverSource Capital.