India: US-based Capital Group invests in Blackstone-Embassy JV’s REIT

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The REIT is poised for a Rs 5,000-crore ($700-million) listing on the stock exchanges soon.

Warburg Pincus-backed rental startup Mofang bags $150m Series D led by CDPQ

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Mofang raised about $400 million across three previous rounds, and counts Warburg Pincus as its largest shareholder.


Bain Capital PE raises bid for Japanese printing services firm Kosaido to $157m

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The Japanese company is deemed delisted if the management buyout goes through.


Japan’s GPIF to tap external consultants for alternative investment strategies

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GPIF, the world’s largest pension fund, aims to allocate 5% of its total assets to alternative investments. Its alt investments accounted for 0.21% of total assets as of 2018-end.


Germany’s Linde to sell S Korea unit to PE firm IMM for $1.2b

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The move is seen part of Linde’s efforts to divest assets in South Korea and elsewhere to get antitrust clearance for its $86 billion merger with rival Praxair.


Chinese PE firm Boyu said to raise $3.6b for its largest fund yet

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Boyu’s investors include Hong Kong’s richest man Li Ka-shing and Singapore state investors Temasek and GIC.


KKR co-founders reiterate focus on expansion in Asia

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KKR recently bolstered its presence in the Asia-Pacific region by hiring Kate Richdale from Goldman Sachs to lead its strategy and business development there


Swiss investor Capital Dynamics said to raise $100m Japan-focused fund

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The Swiss investor opened its Tokyo office in 2010 after establishing its first Asia presence in Hong Kong in 2007.


PE major Carlyle said to seek $1.8b for Japan fund

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PE firms are finding opportunities to invest in Japan boosted by negative interest rates and an effort by PM Shinzo Abe to improve corporate governance.


India: True North seeks more opportunities in insurance after Max Bupa deal

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While its first investment in the insurance space is a buyout, the PE firm is also open to minority investments if it finds the right partner.