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Carmela Mendoza

Carmela Mendoza is a senior reporter for Private Equity International based in London. She first joined PEI in Hong Kong in 2015 and covered Asia. A graduate of Ateneo de Manila University, she previously worked for a digital agency in Singapore focused on government websites and publications covering business, trade and industry, transport, and social development.
The European mid-market firm will offer in-country support to its portfolio companies by helping entrepreneurs find the right partners and build stronger ties with financial backers across Asia.
Capital from the Melbourne-based firm will be used to expand the handbag and accessories retailer in Australia and overseas markets.
Kevin Lu, head of Partners Group’s Singapore office, will now be overseeing the firm’s activities in Mumbai, Shanghai, Seoul, Tokyo, Manila, as well as Singapore.
The development finance institution has teamed up with Indian education and healthcare company Manipal Education and Medical Group to invest an initial $80 million in healthcare companies in South Asia and Africa.
The India-focused firm has already made two deals from the fund: IT services company L&T Infotech and lending company Hero Fincorp.
Capital from the International Partnership Fund will be used to finance Singapore-based companies’ foreign acquisitions.
Farouk Bastaki will replace current managing director Bader Al Saad in April.
The Beijing-based bike-sharing company recently secured funding from Singapore investment firm Temasek and private equity firm Hillhouse Capital.
George Penklis, private equity veteran and co-founder of Quadrant Private Equity, has come back from retirement to set up mid-market firm Odyssey Private Equity.
The Singapore-based investor expands its presence in the US as it seeks to capitalise on investments in life sciences and emerging technologies.
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