Jenny Blinch

The Singaporean sovereign wealth fund registered a portfolio value of S$186bn at 31 March 2010. Asia, and other growth markets including Latin America, remains its key investment focus for the next ten years.

Headed by Nick ap Simon, the Swiss alternative asset manager's twelfth office will support investment activities and client relationships in the Middle East and India. Infrastructure was highlighted by the firm as one area needing investment and development.

Tiwari is leaving his role as head of private equity at JP Morgan in India and will join Renuka Ramnath’s Mutiples Alternate Asset Management as a partner.

ICICI Venture this week said goodbye to three more senior professionals. But what is a setback for one firm speaks of a bigger leap forward for the industry as a whole.

The firm has now raised a total of $350m so far from domestic investors for India Advantage Fund Series III.

Private equity insiders say the push for tougher taxation rules on foreign private equity investors could impact foreign investment in other asset classes, including infrastructure.

The company has acquired 94% of Beijing Leader & Harvest Electric Technologies, which manufactures energy saving devices. The deal is Affinity’s second in China and first in the cleantech space.

Goldman Sachs, Bank of America/Merrill Lynch and UBS have been hired. The listing of the chain of sports stores could fetch up to A$1 billion, according to some reports.

The placement agent has appointed Sheng Lu to head its new Shanghai office.

The $60m loan will help Egypt’s National River Transport Company finance 24 of a planned fleet of 90 transport barges for the Nile river. The firm is currently building ports in Cairo and Alexandria and aims to transport 10 million tonnes of freight annually by 2013.