Sharon Lim

Southern Cross, an Australian venture capital firm that was established only at the start of the year, has held a first close for an early-stage technology fund on A$100 million.

A southeast Asian fund has embarked on a roadshow to raise up to $500 million with at least 50 percent dedicated to Indonesia.

Warburg Pincus and a Chinese investor have secured a syndicated loan to acquire Shandong Deosen Corp, a producer of food additive in China, in a rare leverage buyout in that market.

Baring Private Equity Asia has raised $490 million in a new Asia-focused fund that will be seeking opportunities in Japan for the first time, founding partner and chief executive officer, Jean Eric Salata tells PEO.

Sequoia Capital, a US venture capitalist, has acquired a 9 percent stake in the software business of Flextronics International, which has completed the sale of a controlling stake to Kohlberg Kravis Roberts.

Draper Fisher Jurvetson, DFJ Dragon, Intel Capital China and WR Hambrecht are among a few institutional investors that participated in a Series B financing round for YeePay, an e-payment service provider in China.

The private equity arm of Infrastructure Finance Company has agreed to commit up to $60 million to fund a gas grid operator startup in the Indian state of Andhra Pradesh.

Goldman Sachs is reportedly back to raise $10 billion for a new private equity fund after closing GS Capital Partners V last year on $8.5 billion.

H&Q Asia Pacific, an Asia-focused private equity firm, has sold its controlling stake in MTV Japan to MTV Networks.

CLSA Capital Partners, part of CLSA, a brokerage and investment bank headquartered in Hong Kong, has launched a hybrid fund that focuses on clean energy.