Robert Venes

Singapore-based Temasek has made its second transaction in the telecommunications sector in 2006, buying a minority stake in Mumbai’s Tata Teleservices.

General Atlantic has led a $48 million funding round in Oak Pacific Interactive, a provider of internet communities in China.

Partners Group and F&C Private Equity have replaced Dresdner Kleiner Wasserstein as limited partners in Kleinwort Capital Partners IV.

The European buyout firm will cover its English Midlands activities from its London base of operations.

PrivateEquityOnline.com and sister publication Private Equity International have revealed the results of their fifth annual reader poll, with winners in over 50 categories.

The European mid-market firm said in a statement it intends to acquire an initial stake of around 61% in Alain Afflelou and then seek to de-list the company.

The London-based private equity house has bought Micheldever Tyre Services from its founder, Tony Todd.

The Stockholm-based private equity firm received commitments from over 50 investors for the new vehicle.

The Warsaw office of the London-based Central and Eastern Europe private equity firm has made the first investment from its recently closed Emerging Europe Convergence Fund II.

French jeweller Marc Orian has changed hands, with CDC Enterprises completing a secondary buyout from Crédit Agricole Private Equity for a reported €140m.