Siddharth Poddar
The Mumbai private equity firm has invested a total of $33m in two deals in a hotel developer and an oil and gas services company.
The firm has strengthened its investment team with the hire of Sid Khanna, fomerly a global managing partner at Accenture, and two other partners from the consulting firm.
The two firms have invested in Delhi-based PVR Pictures to fund the expansion of its film production and distribution business.
Abraaj Capital is expanding its alternatives platform and has hired Ahmed Nashaat from Permal Group to lead its foray into hedge funds
The Mumbai-based firm focuses on growth capital investments, and has already made two investments from the $200m fund it is raising.
The Dubai-based private equity firm is nearing the first close of its $200m MENA-focussed hospitality fund, and has begun marketing another $530m fund specifically for Saudi Arabia.
The parent company of Indian private equity firm UTI Ventures is raising an Indian infrastructure fund with Shinsei Bank and HSH Nordbank.
The China-focussed venture capital firm has raised its second fund and expanded its investment team in the country.
Ronan Agnew, formerly the co-head of Credit Suisse’s financial sponsors coverage for Europe, is moving to Hong Kong.
A consortium led by Archer Capital has already acquired 22 million shares, bringing its interest in the company to 18.8 percent.