Aberdeen Property Investors’ Asia-focused vehicle has $435m in commitments—and the firm hopes to announce a final close on $600m by the second quarter.
Seoul-headquartered Doran Capital has held a first closed on its Korean real estate fund, which looks to make value-added investments throughout the country.
AIG Global Investment Group has raised $410 million for its Asia Opportunity Fund II, after investing in China, India and Korea during 2006, falling short of its $500m target.
The Euronext affiliate of KKR has committed to the largest ever proposed buyout both as a co-investor and limited partner, contributing $500 million to the deal.
Tony Blair, the UK Prime Minister, has come to the defence of private equity as the industry continues to come in for criticism from trade unions and members of his own party.
New York-based Auda Private Equity has closed a $787 million fund of funds and co-investment vehicle.
The French quoted investment group with €6 billion under management has rationalised its business and sold its non-core interests in venture capital and real estate for $214 million to US insurer AIG.
The well established Kirkland, Washington-based early-stage venture capital firm has closed its largest fund to date.
London-based Europa Capital has held a first close of €100m on its new fund targeting property in Eastern and Southeastern Europe, which is being headed up by former EBRD pro Tim Norman.
Atlanta-based Noble Investment Groups had closed its third hospitality-focused private equity fund on $310m.
Orchid Asia, a China-focused growth capital provider, has made three times its money in paper gains from the listing of a portfolio company in Hong Kong on 1 February.
The middle market buyout shop has increased by $200m its third fund, which closed in May 2005 on $650m.
Dominic Shorthouse’s mid-market fund has closed its second fund despite only exiting two investments from its first fund in 2002.
Citigroup Property Investors has closed on its Asia Pacific real estate fund on $1.3bn, including a $200 million commitment from the financial services giant.
Former gatekeeper David Hutchings is returning to his gatekeeper roots with a plan to build a private equity business at Albourne Partners, a hedge fund advisory firm.