Fundraising
CIPEF closes emerging markets fund at $3b
Capital International has closed its sixth emerging markets private equity fund at its hard cap of $3 billion, making it the largest vehicle of its kind to be raised in the last five years.
Armstrong launches SE Asia cleantech fund
Southeast Asia has abundant solar radiation, agricultural resources and biomass when compared to North Asian and European countries. However, the use of clean energy in the region is still somewhat limited. Singapore-based clean energy asset manager Armstrong...
Indian infrastructure funds face rocky road ahead
Private equity has been one of the engines for India’s infrastructure growth, but delays in project approvals, inexperienced GPs and the tough fundraising environment remain hurdles to overcome
Asian PE infrastructure evolves with the industry
Everything always seems clearer and easier to understand with the benefit of hindsight. While it seems pretty apparent now that Asian private equity would emerge as a leading asset class for investors around the world, it was actually quite difficult...
IIFL real estate fund makes first investment
IIFL Alternate Asset Advisors, the venture capital arm of the India Infoline Group (IIFL), has made the first investment from its venture capital fund, backing a slum redevelopment project.
Sentient closes fourth fund at $1.3b
The Sentient Group, a private equity firm that focuses on the global metals, minerals and energy sectors, has closed its fourth fund on $1.3 billion.
SDCERA invests $75 million in TPG Asia VI - update
San Diego County Employees Retirement Association (SDCERA) has invested $75 million in TPG's sixth Asia-focused private equity fund.
3i gives up Indian quoted equity plan
3i has dropped the plan to raise a dedicated fund aimed at purchasing stakes in India-listed companies due to a lack of interest from investors.
Armstrong to launch a $150m clean energy fund in SE Asia
Armstrong Asset Management, a newly-established Singapore-based clean energy asset manager, is set to launch its maiden fund, which will focus on clean energy projects across Southeast Asia.
BASF Venture Capital invests $5m in Tsing Capital’s clean energy fund
BASF Venture Capital, the corporate venture capital arm of global chemical company BASF, has invested $5 million in the China Environment Fund IV managed by Tsing Capital.
Capital International closes emerging markets fund at $3b
Capital International has closed it sixth emerging markets private equity fund at its hard cap of $3 billion, making it the largest vehicle of its kind to be raised in the last five years.
LIC holds a first close of real estate fund at $47m
LIC Housing Finance, the mortgage unit of India's biggest insurer, has reached a first close of its maiden real estate private equity fund at INR2.5 billion ($46.5 million).
ChrysCapital closes sixth fund at $510m
ChrysCapital has announced a final close of its sixth fund at the hard cap of $510 million.
Goldstone Investment to launch PE fund
CITIC Securities’ direct investment arm, Goldstone Investment, has gained approval from the China Securities Regulatory Commission (CSRC) to set up a private equity fund. It makes CITIC Securities the second brokerage to win approval to raise and manage...
Man in the middle: Placement agents in Asia
Placement agents are building up resources in Asia as the region becomes more significant as a fundraising location. Some GPs are keen to build long-term relationships, but others take more convincing
ChrysCapital closes fund VI at $510m
In keeping with its conservative approach, ChrysCapital opts for a smaller fund than the last cycle and plans to outsmart the competition by targeting smaller deals
CITIC Capital hires Robert Lie for real estate group
CITIC Capital has appointed Robert Lie as managing director of its Hong Kong-based real estate group. He joins from Redevco Asia and will bring colleagues Jan Willem De Hek, Dennis Fung and Chenxia Yu with him.
Leopard Capital to raise frontier markets PIPE fund
Leopard Capital Management is launching a long-only fund that will target PIPE deals in up to 12 frontier markets in Asia. It will invest in sectors perceived to drive frontier economies, including consumer products, financial services, infrastructure...
PE firms lag behind VCs in adopting social media
Venture capital firms have long embraced social media for everything from networking with entrepreneurs to sparking dialogue about industry trends. Why are private equity players so slow to join in?
Jones Lang LaSalle chief launches India real estate fund
Jones Lang LaSalle's (JLL) India CEO has reportedly left his role at the global property consultancy to launch a real estate fund with a former Merrill Lynch executive.
IDFC Project Equity to launch second infrastructure fund
IDFC Project Equity, a subsidiary of Infrastructure Development Finance Company (IDFC), will launch its second India infrastructure fund later this year.
Advantage Partners has no plans for new fund – report
Advantage Partners told an investor meeting Wednesday that it has no immediate plans to launch a new fund even though the investment period for its existing vehicle is due to end in the summer.
Sidbi raises $128m for India Opportunity Fund
Sidbi Venture Capital Fund is nearing the close of its India Opportunity Fund, having just received a commitment of INR6.7 billion ($128 million) from financial institutions.
Noah launches China real estate fund
China's rapid economic expansion over the past decade has created a large pool of millionaires but onshore investment options remain limited. Those keen to avoid negative real interest on bank deposits, have traditionally put their money into stocks (at...