Sharon Lim

Jayanta Banerjee has returned to ICICI Venture after a six-month stint at Lehman Brothers where he was leading the bank’s private equity investments for India. He will kick-start fundraising for the firm.

The US-based independent placement agent is eschewing orthodox moves into Hong Kong or Singapore in the hope of stealing a march on its competitors.

Aureos has invested $5 million in a semiconductor business in the Philippines, one of the least frequented private equity destinations in Southeast Asia.

Istithmar has acquired a control stake in a $130 million hotel being developed in the heart of Bangkok’s commercial district. It is the latest in a series of planned investments in the region by the Dubai-based group.

ING Real Estate has acquired a shopping center in Morioka, a city in Japan’s North Honshu island.

Istithmar has acquired a majority interest in a hotel being developed in the heart of Bangkok’s commercial district in the latest investment by the firm in the Southeast Asia hospitality sector.

The private equity investment arm of Dubai World has invested in a $50 million joint venture to build budget hotels across Southeast Asia.

Global Infrastructure Partners, a venture between the two firms, has opened an office in Hong Kong and appointed a new partner to lead its Asian investment activities.

Alinta is backing a $6.66 billion takeover offer from Babcock & Brown instead of a rival bid by Macquarie, as the Australian energy utility is convinced the former offers a “high degree of completion certainty.”

Standard Chartered Private Equity is investing in its third Chinese property developer in under a year.