Sharon Lim
Australian investment bank Macquarie has held an initial close of its European infrastructure fund on €618m and reported a 13% increase in profits in its annual results.
India’s ICICI Venture has made a minority investment in an Indian diagnostic centre chain Metropolis Health Services India, an acquisitive firm looking to expand overseas.
Switzerland-headquartered alternative asset management firm Partners Group has held a final closing for a dedicated Asian fund of funds on a capped total of $375m.
A government agency of Abu Dhabi has established an infrastructure fund, which Macquarie Bank and Abu Dhabi Commercial Bank will co-manage and provide 25 percent equity.
The Longreach Group, based in Hong Kong and Japan, has closed two debut Japan-focused funds on an aggregated hard cap of $750m.
Goldman Sachs JBWere and Quadrant Private Equity, two private equity firms active in Australia and New Zealand, are co-investing in the buyout of adventure equipment maker Kathmandu Group.
US buyout group KKR has entered into its first investment in India in a big splash, acquiring the software business of Flextronic International for $900 million.
London-listed private equity investor 3i has acquired minority stakes in two subsidiaries of Indian tractors and farm machines business Sonalika. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cras sed lacinia elit. Sed venenatis justo at turpis consequat blandit. In metus orci, aliquam non ultricies vel, commodo at nisi. Ut dictum tincidunt nunc vitae placerat. Aliquam porta volutpat pellentesque. Phasellus tempor semper commodo. Vestibulum eget arcu in mauris molestie ultrices aliquet ac nisl. Etiam faucibus nisi semper eros semper et lobortis massa luctus. Vestibulum imperdiet augue non eros placerat ac varius nisl pharetra. Morbi porta vestibulum arcu, in pulvinar orci vestibulum venenatis.
In the last month, Japan-headquartered venture capital firm JAFCO has listed two portfolio companies on Nasdaq and closed a third Asia technology fund on $168m.
London-listed mezzanine capital provider Intermediate Capital has closed its first Asia-focused mezzanine fund on $500m, exceeding an earlier $400m target.