The close comes three months after the unification of India-focused Erasmic Venture Fund and Accel Partners.
The Dhaka firm is raising between $50m and $75m to invest in Bangladesh's financial services, manufacturing and consumer demand-driven sectors. In the future, it will raise a Bangladesh infrastructure fund.
The Australian venture capital firm is targeting A$200m for its fourth fund. A final close is expected by March 2009.
The $35.8m fund has invested along with one of its portfolio companies in the management buyout of Colombian vehicle leasing company Rentandes.
The China-focused venture capital firm is reportedly seeking commitments of RMB2bn from limited partners based mainly in eastern China.
New LPs accounted for half the commitments to the London- and New York-based firm’s second fund since spinning out of hedge fund group Soros Fund Management.
The private equity arm of Russia’s largest independent investment banking group held a $154m first close in August on its third fund, which it hopes to close next year. Fellow Russian mid-market-focused firm Delta is raising a $500m fund.
The fund being raised by CCB International aims to bridge the health inequality gap between the country’s urban and rural populations.
The New Zealand private equity firm expects a first close in early 2009 on the fund, which will invest in early stage science and technology companies.
GSK and Pfizer are among the venture firm's limited partners.
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