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• Secondaries trading platform SecondMarket raises $15m 25 Feb 2010. Source: AltAssets. SecondMarket, an exchange for the purchase and sale of illiquid assets such as private equity fund stakes, has raised $15m in series B financing from the Li Ka Shing Foundation and Temasek Holdings, Singapore’s sovereign wealth fund.

• Aureos Capital relocates staff to Singapore 25 Feb 2010. Source: AltAssets. Aureos Capital, the emerging markets private equity specialist, is moving it several senior executives from London to Singapore, partly because of the UK’s high cost base and rising taxes, according to reports.

• Asian FoF Axiom beats target with $950m fundraise 28 Jan 2010. Source: AltAssets. Axiom Asia Private Capital Management Services has closed its second vehicle, Axiom Asia Private Capital Fund II, well over its $750m target.  The Singapore-headquartered fund of funds reached commitments of $950m, highlighting investors’ appetite for exposure to the Asian private equity market.

• Carlyle makes raft of new promotions 15 Jan 2010. Source: AltAssets. US private equity firm Carlyle has made 33 promotions across its global organisation, including seven to managing director.

• Yorkville invests $51m in Singapore life sciences company 10 Dec 2009. Source: AltAssets. US investment fund manager Yorkville Advisors is to make a S$72m ($51.8m) investment into Singapore life sciences company Transcu, according to Reuters. The firm reportedly intends to invest via an equity line facility through its YA Global Master fund.

• Actis in oil and gas distribution joint venture with Singapore’s KS Energy 08 Dec 2009. Source: AltAssets. Emerging market private equity specialist Actis is to form an oil and gas sector joint venture with Singapore oilfield supply and services provider KS Energy. KS has announced plans to integrate its oil and gas and marine distribution services with those of Aqua-Terra Supply (ATS) and SSH Corporation to form an umbrella company to be known as KS Distribution.

• KKR-led consortium takes $160m stake in Chinese lending company 14 Oct 2009. Source: AltAssets. New York private equity firm Kohlberg Kravis Roberts has led a consortium which invested $160m in a Chinese lender. KKR invested alongside the Government of Singapore Investment Corporation and China International Capital Corporation to take a “significant” minority stake in International Far Eastern Leasing, a Chinese lender to small and medium-sized businesses controlled by state conglomerate Sinochem.

• Inviragen merges with SingVax, raises $15m to combat dengue fever 06 Oct 2009. Source: AltAssets. Biotech companies Inviragen and SingVax have merged their vaccine pipelines and their international product development capabilities to create a company that is developing vaccines for infectious diseases prevalent in emerging economies. Concurrently with the merger, the combined company has raised $15m in a series A equity investment from a syndicate of international venture capital investors, including Charter Life Sciences, Venture Investors, Bio*One Capital and Phillip Private Equity.

• Singapore's sovereign fund GIC takes on two new regional presidents 02 Sep 2009. Source: AltAssets. The Government of Singapore Investment Corp, Singapore's sovereign fund, has appointed a new president of Europe and a new president of the Americas.

• Singapore SWF pledges to take more active role in investee companies 27 Aug 2009. Source: AltAssets. Temasek Holdings, the Singapore sovereign wealth fund, has said that it will play a more active role in the companies in which it invests.

• Morgan Stanley Private Equity Asia to de-list Singapore drug maker 26 Aug 2009. Source: AltAssets. Morgan Stanley Private Equity Asia has made an offer to de-list Sihuan Pharmaceutical through MSPE Asia’s investment firm China Pharma, according to reports.

• Singapore sovereign wealth fund Temasek considers joint investments 30 Jul 2009. Source: AltAssets. Temasek Holdings, a Singapore-based sovereign wealth fund, intends to seek outside capital from the public and other institutions, such as private equity funds, for joint investment projects, according to reports.

• Law firm Lovells relocates private equity partner to strengthen Asian operations 27 Jul 2009. Source: AltAssets. Law firm Lovells is to relocate its private equity partner Stephanie Keen to Singapore in September to expand its private equity business in Asia.  The move is a response to market demand as private equity increasingly sees Asia as a region for growth.

• Temasek sells entire stake in Bank of America 18 May 2009. Source: AltAssets. Temasek Holdings, the Singapore state-owned investment firm, has divested its entire 3.8 per cent stake in Bank of America, Dow Jones reports.

• Temasek sells PowerSeraya for $2.5bn 03 Dec 2008. Source: AltAssets. Temasek Holdings has sold its Singapore power generation company PowerSeraya for S$3.8bn ($2.5bn) to YTL Power International. Temasek delayed putting PowerSeraya on the market last month due to poor conditions.

• Temasek postpones sale of power generation company 25 Nov 2008. Source: AltAssets. Singapore-headquartered Temasek Holdings has delayed the sale of its wholly-owned Singapore power generation company PowerSeraya due to adverse market conditions.

• SVG Advisers closes fund of funds for Asia, opens Singapore office 08 Sep 2008. Source: AltAssets. SVG Advisers, the private equity fund management business of SVG Capital, has closed the SVG Asia Fund of Funds on $200m, above its target of $150m. Together with the closing of this fund the firm has announced that it now has an Asian office, in Singapore, headed up by Simon Lund.

• Carlyle appoints Sunil Kaul as senior director 17 Jun 2008. Source: AltAssets. The Carlyle Group has appointed Sunil Kaul to join Carlyle Asia Partners as a senior director, financial services. Based in Singapore, he will focus on expanding the firm's activities in the financial services sector across the region.

• Tembusu closes maiden fund on SG$100m 28 Feb 2008. Source: AltAssets. Singaporean growth stage investor Tembusu Partners has closed its maiden fund, Tembusu Growth Fund, on SG$100m ($66m). The fund held a previous closing on S$50m in February of last year.

• Carlyle hires Anand Balasubrahmanyan to lead Singapore investment team 05 Oct 2007. Source: AltAssets. The Carlyle Group has hired Anand Balasubrahmanyan as a director to lead its investments in Southeast Asia. Balasubrahmanyan will be based in Singapore, where he will establish a team as part of Carlyle Asia Partners.

• CVC Asia Pacific stakes a foothold in Singapore 12 Apr 2007. Source: AltAssets. CVC Asia Pacific has opened the doors on its new Singapore office. The firm said that their Singapore operations will enable CVC to more effectively target and invest in companies in South East Asia and demonstrates its commitment to the region.

• 3i and Khazanah lead investment in ACR's $620m inaugural private placement 01 Dec 2006. Source: AltAssets. 3i and Khazanah Nasional Berhad have backed a US$620m capital raising by Asia Capital Holding. Asia Capital Reinsurance Group, ACR's wholly owned subsidiary, has been granted registration as a reinsurer by the Monetary Authority of Singapore.

• Kendall Court's maiden mezzanine fund for Asia closes above target on $90m 15 Aug 2006. Source: AltAssets. Singapore-based Kendall Court Capital Partners has closed its debut mezzanine fund, Kendall Court Mezzanine (Asia) Fund I, on $90m, above its $75m target. The fund held as first closing on $35m in December 2004.