Sajith Ranasinghe has moved from New York to the pension fund’s Hong Kong office as the firm looks to increase its exposure to Asian private equity and private equity real estate.
The India-focused private equity and real estate firm's investment in Star Health and Allied Insurance is its maiden deal from India Advantage Fund Series 3.
The financial advisory and principal investment firm gained RMB fund approval under the Shanghai Pudong initiative and aims to 'promote and expand' China's investment relationship with Latin America.
Following the Japanese mobile phone company's bankruptcy filing, which lost The Carlyle Group $330 million in equity, the Japanese firm will partner with Softbank to acquire the company’s XGP mobile network service business.
The Hong Kong-based firm's focus on Dubai continues with the launch of a fund to 'support sustainable businesses connected to Dubai as a trading, logistical and financial centre'. The fund will target hospitality.