Yvette Choo

The project will comprise of four properties from MGPA’s Asia Fund II’s portfolio, which will be redeveloped and integrated with a new office tower.

The Japanese private equity fund’s investment in New Songdo City, a South Korean trade zone, would reportedly be the single biggest Japanese investment in the country.

The Indian private equity firm has called for an enquiry into the running of retail company Subhiksha after liquidity issues surfaced and KPMG was unable to complete an independent review of company accounts.

Wilfred Wong will formulate and manage the Singaporean group's business strategies in China and Macau. Wong is also a delegate of the National People’s Congress of China and deputy vice chairman of golf course developer Mission Hills Group.

The quoted investment manager suffered a net loss for the first time in its history, due largely to hedge fund positions. Its private equity portfolio is 'in better shape' than many competitors, chief executive Nemir Kirdar has said.

The firm reportedly intends to acquire more properties in Malaysia through its Asia Fund III, which raised $3.9 billion in equity at final close last year.

The three US firms are reportedly up against Development Bank of Japan and an investment arm of Daiwa Securities, in the $1.1 billion auction for troubled J-REIT, New City Residence.

Hemal Mirani, who recently resigned from HarbourVest's Asian subsidiary, will bolster CVC Asia Pacfic's investor relations.

The wife of Singapore’s prime minister will in October cease leading Temasek, which has come under fire for financial services over-exposure. The sovereign fund and avid private equity player will be led by ex-BHP Billiton chief executive Chip Goodyear, a succession that has been planned for 'more than a year'.

The Chicago-based fund manager is targeting its $3bn Asia fund mainly in Japan and China. LaSalle, which has invested 20% of the fund, says it is in no hurry to make more investments in 2009.