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The pan-Asian private equity firm-owned CCT Group has acquired a US-based business process outsourcing service provider.
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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.
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The Israel- and China-focused private equity firm will partner with the cities of Beijing, Suzhou, Harbin, Shijiazhuang, Changzhou, Ningbo and Tianjin to launch private equity funds ranging from RMB200m to RMB500m in size.
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Emerging markets raised a total of $22.6bn in 2009, representing a 66% decline on funds raised in 2008 and a drop in global fundraising share. However, the proportion of global investments seen in emerging markets almost doubled. Emerging Asia continues to dominate.
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The Cairo-headquartered private equity firm has appointed Amr Seif from Investec Asset Management to head its regional financial services platform investment.
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Last year, just $229m was raised by three venture capital funds investing in the country, compared to $803m in 2008. The fall echoes the sharp decrease seen in venture investments in the country in 2009.
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Kohlberg Kravis Roberts has hired Abhijit Sen from Citigroup as chief financial officer and chief administrative officer for its India operations.
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Rajesh Khanna, head of Warburg Pincus’ Indian operations, has resigned from the firm to ‘pursue the formation of an independent investment business’ in India.
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An overwhelming majority of private equity managers investing in Southeast Asia expect an uptick in investment activity in the region in 2010 and more than half forecast an increase in LP appetite for Southeast Asia.
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Global Reach
04 Mar 2010   Global private equity firms including KKR, Oaktree and Partners Group dominated the Asian categories in the Private Equity International Awards 2009.
From the wires