Toby Mitchenall
The UK Government’s emerging markets fund of funds has made commitments to four Chinese funds. It expects these funds to go on to raise a total of $1.7bn from other sources for investment in the region.
The Fortune 500 alternatives firm has made changes to its management line up, including the promotion of former Norwest Equity Partners’ Stephen Burge to president.
Media and communications specialist Providence Equity Partners has boosted its investment in cable company Volia to $300m, the largest private equity investment in the country to date. SigmaBleyzer first funded Volia in 1999.