Siddharth Poddar

KKR, New Silk Route and Standard Chartered Private Equity are close to a deal that would see them back one of India's largest coffee house chains.

The investment in Asian Genco by Morgan Stanley Infrastructure Partners, General Atlantic, Goldman Sachs Investment Management, Norwest Venture Partners and Everstone Capital marks the largest equity investment in the Indian power sector.

The China-focused private equity firm hit the hard cap for New Horizon Capital Fund III, after readjusting its target twice during fundraising.

Australian investment manager AMP Capital has hired Boe Pahari from Foreshore Global Capital to head its infrastructure investments in the Asia Pacific region. It is a new role at the firm.

The Cairo-headquartered private equity firm has appointed Amr Seif from Investec Asset Management to head its regional financial services platform investment.

Kohlberg Kravis Roberts has hired Abhijit Sen from Citigroup as chief financial officer and chief administrative officer for its India operations.

The firm's European head will replace Rajesh Khanna, who has resigned to establish an Indian investment business.

Manila-based Asian Development Bank is to set up multiple cleantech-focused venture capital funds for Asia.

AIM-listed Greenko has raised £72m, which includes a £21m investment from TPG. The investment marks the global private equity firm’s first foray into the clean energy sector in India.

The Export-Import Bank of China is making an anchor commitment of $300m to the fund, which will invest in infrastructure projects in ASEAN countries. The fund is targeting a final close of $1bn.