Yvette Choo

The fund being raised by CCB International aims to bridge the health inequality gap between the country’s urban and rural populations.

Former chiefs of Blockbuster, PepsiCo and Pizza Hut will manage the fund for the Texas mid-market firm.

The China-focused fund will invest in residential and commercial sectors to capitalise on the country’s real estate growth.

The fund is the GCC region’s first sharia-compliant mezzanine vehicle and will provide financing to a mixed-used development in Qatar.

China Everbright Holdings intends to establish the real estate fund before June next year, and will coinvest up to $50m. The fund will be managed by its new private equity arm, the Alam Group, which will be renamed Everbright Alam.

The investment firm has acquired a majority stake in the Dubai-based business and intends to expand it regionally.

Earlier this month, the pension struck similar deals with private equity firms, Oaktree Capital and MBK Partners. The JV will invest in real estate, stocks and bonds in South Korea.

The Indian company has reportedly bought a 30 percent stake on JB Pharma’s special economic zone, a future hub for pharmaceutical manufacturing, for $15m. The deal was made through the $525m ILFS India Realty Fund I.

Ashok Ramaswami will lead a newly hired team as the Dubai-based private equity firm deploys its first India-focused fund of funds, which makes private equity, real estate and infrastructure investments.

Sohil Chand, formerly with Goldman's Asian special situations team, will be responsible for making growth equity investments in Indian companies.