Siddharth Poddar

The Indian infrastructure construction company will use the investment from Templeton's retail private equity fund for the acquisition of larger projects.

The private equity arm of India’s Aditya Birla Group has raised the amount entirely from domestic investors. The fund will target substantial minority investments in unlisted, mid-market companies including infrastructure enablers.

A joint venture between Mumbai-based Milestone and UK-based Ecofirst plans to launch a private equity fund focused on India’s clean technology sector later this year.

The Australian private equity firm has secured a 48.64% interest in the Queensland-based renewable energy provider, which has been the object of private equity advances since June last year.

Varun Bajpai and Praveen Gupta have been appointed the CEO and deputy CEO of SBI Macquarie Infrastructure Management respectively.

In the first eleven months of 2009, private equity firms invested just $3.25bn in India and the number of deals struck declined by more than 50%.

The emerging markets-focused private equity firm is forming an oil and gas distribution service joint venture with KS Energy, which is taking private two of its Singapore-listed units.

Pacific Equity Partners has made a second A$431 million bid for the renewable energy provider after its initial bid in October was rejected as being too low.

Bessemer Venture Partners has acquired a 2.41% stake in IL&FS Transportation Networks which develops and implements surface transport projects.

Global Environment Fund’s investment in Greenko will be used to fund the company’s growth objectives.