Aureos Capital

The emerging markets manager that spun out of CDC, a UK investor, is ramping up its fundraising with three funds in development and ten offices planned.

Emerging markets private equity firm Aureos Capital has held a final close for its Africa Health Fund ahead of target, and also bolstered its Asia team with the addition of a new partner.

Marlon Sahetapy started at the firm’s Singapore office in October, where he oversees fundraising and investor relations in Europe, Asia and the Middle East.

The emerging markets private equity firm is targeting a first close for Aureos Southeast Asia Fund II by June 2010.

Aureos Capital has sold its minority stake in MillenniumIT, which has been acquired by the London Stock Exchange Group for $30m.

The emerging markets specialist plans to raise $1bn for Asia over the next two-and-a-half years, with Indonesian companies likely to benefit most.

The emerging markets private equity firm expects to raise as much as $375m for its first pan-African fund. It is also planning a $250m south-east Asia fund.

The emerging markets growth investor has exited MillenniumIT, a 1996 legacy investment inherited from CDC Group.

Raj Morjaria is a partner at LGT Lightstone, the firm's impact unit, with responsibility for overseeing new funds and investments.

Managing partner Sev Vettivetpillai, a global investment committee member, will leave the private equity firm at the end of April.

The Employees Provident Fund faced a difficult start in 2016, with investment income for the first quarter falling 36 percent, compared with a year ago.

The global firm has acquired a majority stake in the business from its $250m Southeast Asia fund

The fund, which is targeting $30m, says it’s the first to reach a first close in Sri Lanka since 2009

The New York-based emerging markets firm has hired Eiben as managing director.

The firm has sold its shares in Philippines-based Pancake House to corporate buyer Max’s Group.

Indika Hettiarachchi's firm is now planning to raise $75m to invest in the frontier market's SME sector.