The firm launched the fund almost a year and a half ago.
DHFL said it was "undergoing substantial financial stress" and its ability to raise funds was "substantially impaired".
Malaysia Malakoff Corp is investing $70 million in lieu of a 40 per cent stake in Shoaiba Consortium.
The reason for the layoffs has been the failure on the company's part to raise a large funding round.
Southeast Asia e-commerce giant Lazada has appointed Chun Li as its chief executive for Indonesian operations.
New York-listed Ormat Geothermal Power is the buyer.
The Benettons sold 5% of a vehicle called ConnecT which holds 29.9% of Cellnex, with 2.5% going to each fund.
This is CVC Funds’ first major investment in the Gulf.
This fresh tranche follows the previous funding round of $495 million in June by the sovereign wealth funds in Greenko to build power storage projects
If the deal fructifies, Utico will invest as much as S$400 million in the embattled water treatment company.
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