Sharon Lim
Clearwater Capital Partners, a US special situation fund manager with offices in Asia, is part of a consortium that has concluded a $402 million buyout of Asia Netcom.
CDC has boosted its commitments in India by $104 million and invested in three private equity funds since March.
Helion Venture Partners has raised $140 million for its debut India-focused venture fund from which it has made a $2.2 million investment in a software company.
US Matrix Partners, a venture capital firm, is laying claim to be the first foreign firm of its kind to establish a fund in India.
Macquarie International Infrastructure Fund, a Singapore-listed investment vehicle, is paying 3.95 cents a share dividend after its half-year earnings beat forecasts.
Abraaj Capital is poised to acquire a 25 percent stake in EFG-Hermes after the Egyptian bank’s board gave the nod for the transaction.
Kibo Technology Advancing Capital, a Korean venture capital firm funded mostly by the Korean government agencies, has raised $36 million for two funds this week.
The private equity arm of India’s Infrastructure Development Finance Company has made a $21 million investment in a local toll road developer.
CCMP Capital Asia, the former Asian private equity arm of JP Morgan, is working with a local retailer to buy a Korean chain of convenience stores previously owned by Orion Corp., a local media and entertainment company.
Ilshin Investment, the venture capital subsidiary of a Korean cotton spinner, has joined hands with Australia’s Macquarie Bank to raise a $100 million Korean mid-market growth and buyout fund.