HNWIs

Economic turbulence is throwing up opportunities for emerging market-focused private equity funds to make investments at favourable prices, but capital-constrained LPs are urging caution.

The investment firm has acquired a majority stake in the Dubai-based business and intends to expand it regionally.

BTS Investment Advisors is backing the growth plans of Sai Sudhir Infrastructures with the sixth investment from its $80m fund.

SVG Asia’s first fund of funds has already made commitments to managers including CVC, Navis, Affinity and Actis. Its investment activities will be headed by former Hermes Private Equity executive Khim Tan.

A study conducted by a London-based private equity investment club found that more than two years after the UK government cleared the way to let self-invested personal pension schemes invest in private equity, 21 percent of scheme providers still restrict their investors from participating in the asset class.

CITIC CapitalLand Business Park Fund has closed on $72.5m, having raised money from domestic Chinese institutional investors. It is the first private equity real estate fund to be denominated in Yuan.

The firm has raised its first India-focused private equity fund to invest in the manufacturing, infrastructure services and consumer-driven sectors.

The Pacific Northwest technology investor has raised its most recent fund in a matter of months with 100 percent of institutional investors returning.

Mexican VC IGNIA’s first fund, targeting up to $75m, will seek to create social impact throughout Latin America without sacrificing returns.

The Singapore-based firm is raising a growth capital fund to invest in local SMEs, which other investors neglect.