Emerging Asia

Industry News

Warburg Pincus Sells Partial Stake in ICICI Lombard General Insurance for US$164 Million (Asia)

Global private equity fund manager Warburg Pincus has partially exited its stake in India-listed ICICI Lombard General Insurance Company for INR11.4 billion (approximately US$164 million), selling 14.3 million shares via

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Actis to Acquire Solar Power Projects in India from Essel Infraprojects (Asia)

Global growth markets investor Actis has reportedly agreed to acquire a portfolio of solar power projects in India from Essel Infraprojects, the infrastructure arm of India-based conglomerate Essel Group, for

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Triple P Capital Invests US$3 Million in The Praxis Company (Asia)

Triple P Capital, a private equity fund manager focused on financial inclusion in Southeast Asia, has reportedly invested US$3 million in Singapore-based financial literacy startup The Praxis Company. Praxis uses

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ADM Capital Secures US$178 Million for Asia Secured Lending Facility II (Asia)

Asia-focused private credit investment fund manager ADM Capital has reached a final close for Asia Secured Lending Facility II with US$178 million in capital commitments. Investors in the facility include

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Gaorong Capital Raises US$450 Million for Fourth Fund (Asia)

China-focused venture capital fund manager Gaorong Capital, formerly known as Banyan Capital, has reached a final close for Gaorong Partners Fund IV with capital commitments totaling US$450 million. Investors in

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