Siddharth Poddar

CLSA Capital Partners' mezzanine management arm has led a consortium of investors including AXA Private Equity in financing the privatisation of Midsouth Holdings.

Anil Ahuja, formerly co-head of 3i Asia with Mark Thornton, has been appointed as the head of 3i's Asian operations. He will continue to lead the India team and report to Chris Rowlands, chairman of 3i Asia.

The Seoul-based joint venture fund between Darby Overseas Investments and Hana Bank has invested 35bn Korean won to help expand the generating capacity of Gangwon Wind Power.

The South Asian nation had a 45% drop in total deal value and a 24% decline in the total number of deals announced in 2008 compared to 2007. Real estate and infrastructure received total investments of $3.3bn.

India’s largest infrastructure-focused private equity firm has invested INR2bn in Deepak Cables, following an investment of INR850m by UTI Ventures.

Global infrastructure specialist Macquarie and the Abu Dhabi Commercial Bank have already raised more than half the fund.

Qatar's QInvest is aiming for a $250m first close early next year for its maiden private equity fund. Meanwhile, plans to raise $1bn in tandem with Silver Leaf and Qatar Islamic Bank have been delayed.

CDH Investments has teamed up with Goldman Sachs to provide growth capital funding to Himin Solar Energy Group. The capital will help push the company, which makes products like solar water heaters and solar lamps, towards an initial public offering.

MYOB’s board has approved the terms of an amended take-private offer that values the company at A$450m, A$13m more than the previous offer.

The head of Macquarie Fund Management's private equity fund of funds business has quit the firm after eight years, and is to lead KKR's IR activities in Australia.