Sharon Lim

India’s YES Bank is looking to raise $100 million for a new private equity fund to help scale medium sized business in the food and agribusiness sectors.

Baring Private Equity Asia has joined forces with the private sector arm of the World Bank to invest $47 million in a Chinese producer of environmentally-friendly refrigerants.

Singapore’s Temasek Holdings is acquiring a 12 percent stake in ABC Learning Centres, an Australian childcare group with centres across its home country, New Zealand, the US and UK, via a proposed new share placement.

Mekong Capital, a Vietnam-focused private equity firm, is investing in a mobile phone retailer that has captured a 20 percent market share in Ho Chi Minh City since it was founded in 2004.

Southern Cross Ventures Partners is an early stage venture firm that aims to bring Australian innovations to Silicon Valley. It has raised A$170 million, A$30 million shy of its final target.

Global Infrastructure Partners, a venture between the two firms, has opened an office in Hong Kong and appointed a new partner to lead its Asian investment activities.

Asia Alternatives, a new fund of fund manager that has its headquarters in Hong Kong, has raised $515 million, exceeding a $450 million hard cap. The fund may have just held its final close but is already invested in more than ten funds focused across 12 Asian countries.

Alinta is backing a $6.66 billion takeover offer from Babcock & Brown instead of a rival bid by Macquarie, as the Australian energy utility is convinced the former offers a “high degree of completion certainty.”

Ironbridge Capital is set to take over MediaWorks in New Zealand after it reached an agreement to buy out the company’s 70 percent shareholder in a transaction that values the company at $407 million.

Archer Capital has agreed to buy five wine-related businesses across Australia, New Zealand and Japan from Melbourne-based Foster’s Group for an estimated A$200 million.