The Hong Kong-headquartered firm will invest the fund across Central and Eastern Europe, Central Asia and Turkey.
Two senior professionals have departed the firm in the span of two weeks, amid a turbulent period for the placement industry.
The Swiss alternatives firm has gathered more than a third of the $750m target for its latest global secondaries fund.
The New York-based alternative investment firm revealed it has closed on a deal to buy 1,200 home loans from Lehman Brothers’ Asia subsidiaries for its first ever Asia-focused fund.
The Belgian firm has bought three ‘early secondary’ interests in CapMan funds, made one primary commitment and is eying a 10% stake in the management company.
GP Capital, a newly established private equity firm backed by the Shanghai government, is reportedly targeting RMB20bn for a fund focused on China’s financial sector.
The clean energy-focused firm has also made two new hires ahead of the final close of its Amadeus Asian Clean Energy Fund.
PIK Group, the Moscow-based public property company, has abandoned plans to raise a fund from third party investors in the wake of the credit crunch. The decision was taken earlier this year, according to a spokeswoman.
Wesley Ogburn, a portfolio manager in charge of hedge funds at the $22bn university endowment today submitted comments to the SEC in favour of maintaining the ability of placement agents to interact with US public pensions.
Carlyle’s defunct Polish team is now seeking €200m for a consumer sector fund.