Exclusive: PE firm Lighthouse Funds aims to launch new $200m fund by year end

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Having raised $235 million across its last two funds, Mumbai-based private equity firm Lighthouse Funds is gearing up to launch its largest fund yet in the next few months. Founded by Mukund Krishnaswami and Sean Novak, Lighthouse launched its first India-focused investment vehicle — India 2020, Limited (“Fund I”) — with a corpus of approximately $100… Read more »

KKR to set up auto parts JV with South Korea’s LS Group, buy materials business

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KKR will make the proposed investment from its $9.3 billion Asian Fund III.


India: PE firm Advent International acquires innerwear maker Dixcy Textiles

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Dixcy’s founder and MD Prem Prakash Sikka will retain a stake, and continue as chairman.


Korea’s SK Holdings picks 11.77% stake in China’s e-Shang Redwood for $333.3m

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In 2016, e-Shang Cayman merged with Singapore’s Redwood Group Asia to form ESR.


Singapore: Temasek & Abu Dhabi fund in talks with India’s NIIF for investments

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Temasek is in advanced discussions with India’s NIIF.


Apollo Global Management raises $24.6b for largest PE fund ever

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Its fund tops the previous buyout pool record of $21.7 billion raised by Blackstone Group in 2005-07.


Blue HK Investments strikes first Vietnam deal with $2.5m funding for Beta Media

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Blue HK Investments, a private equity fund with offices in UK, Hong Kong and Ho Chi Minh City, has scored its first investment in Vietnam with an agreement to inject $2.5 million in cinema operator Beta Media. The agreement was signed on July 18 but the investment value was not… Read more »


Mayfair Equity Partners invests in kids ad platform SuperAwesome

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SuperAwesome has offices in the UK, US and Asia.


Vietnam: Mekong Capital exits 75% of its holdings in Loc Troi for $9.2m

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Mekong Capital invested $4.4 million in Loc Troi in December 2008.


Navis to launch its eighth fund next year, may target raising up to $2b

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The PE firm has already deployed over two thirds of its seventh fund.