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• Inviragen merges with SingVax, raises $15m to combat dengue fever 06 Oct 2009. Source: AltAssets. Biotech companies Inviragen and SingVax have merged their vaccine pipelines and their international product development capabilities to create a company that is developing vaccines for infectious diseases prevalent in emerging economies. Concurrently with the merger, the combined company has raised $15m in a series A equity investment from a syndicate of international venture capital investors, including Charter Life Sciences, Venture Investors, Bio*One Capital and Phillip Private Equity.

• Singapore's sovereign fund GIC takes on two new regional presidents 02 Sep 2009. Source: AltAssets. The Government of Singapore Investment Corp, Singapore's sovereign fund, has appointed a new president of Europe and a new president of the Americas.

• Singapore SWF pledges to take more active role in investee companies 27 Aug 2009. Source: AltAssets. Temasek Holdings, the Singapore sovereign wealth fund, has said that it will play a more active role in the companies in which it invests.

• Morgan Stanley Private Equity Asia to de-list Singapore drug maker 26 Aug 2009. Source: AltAssets. Morgan Stanley Private Equity Asia has made an offer to de-list Sihuan Pharmaceutical through MSPE Asia’s investment firm China Pharma, according to reports.

• Singapore sovereign wealth fund Temasek considers joint investments 30 Jul 2009. Source: AltAssets. Temasek Holdings, a Singapore-based sovereign wealth fund, intends to seek outside capital from the public and other institutions, such as private equity funds, for joint investment projects, according to reports.

• Law firm Lovells relocates private equity partner to strengthen Asian operations 27 Jul 2009. Source: AltAssets. Law firm Lovells is to relocate its private equity partner Stephanie Keen to Singapore in September to expand its private equity business in Asia.  The move is a response to market demand as private equity increasingly sees Asia as a region for growth.

• Temasek sells entire stake in Bank of America 18 May 2009. Source: AltAssets. Temasek Holdings, the Singapore state-owned investment firm, has divested its entire 3.8 per cent stake in Bank of America, Dow Jones reports.

• Temasek sells PowerSeraya for $2.5bn 03 Dec 2008. Source: AltAssets. Temasek Holdings has sold its Singapore power generation company PowerSeraya for S$3.8bn ($2.5bn) to YTL Power International. Temasek delayed putting PowerSeraya on the market last month due to poor conditions.

• Temasek postpones sale of power generation company 25 Nov 2008. Source: AltAssets. Singapore-headquartered Temasek Holdings has delayed the sale of its wholly-owned Singapore power generation company PowerSeraya due to adverse market conditions.

• SVG Advisers closes fund of funds for Asia, opens Singapore office 08 Sep 2008. Source: AltAssets. SVG Advisers, the private equity fund management business of SVG Capital, has closed the SVG Asia Fund of Funds on $200m, above its target of $150m. Together with the closing of this fund the firm has announced that it now has an Asian office, in Singapore, headed up by Simon Lund.

• Carlyle appoints Sunil Kaul as senior director 17 Jun 2008. Source: AltAssets. The Carlyle Group has appointed Sunil Kaul to join Carlyle Asia Partners as a senior director, financial services. Based in Singapore, he will focus on expanding the firm's activities in the financial services sector across the region.

• Tembusu closes maiden fund on SG$100m 28 Feb 2008. Source: AltAssets. Singaporean growth stage investor Tembusu Partners has closed its maiden fund, Tembusu Growth Fund, on SG$100m ($66m). The fund held a previous closing on S$50m in February of last year.

• Carlyle hires Anand Balasubrahmanyan to lead Singapore investment team 05 Oct 2007. Source: AltAssets. The Carlyle Group has hired Anand Balasubrahmanyan as a director to lead its investments in Southeast Asia. Balasubrahmanyan will be based in Singapore, where he will establish a team as part of Carlyle Asia Partners.

• CVC Asia Pacific stakes a foothold in Singapore 12 Apr 2007. Source: AltAssets. CVC Asia Pacific has opened the doors on its new Singapore office. The firm said that their Singapore operations will enable CVC to more effectively target and invest in companies in South East Asia and demonstrates its commitment to the region.

• 3i and Khazanah lead investment in ACR's $620m inaugural private placement 01 Dec 2006. Source: AltAssets. 3i and Khazanah Nasional Berhad have backed a US$620m capital raising by Asia Capital Holding. Asia Capital Reinsurance Group, ACR's wholly owned subsidiary, has been granted registration as a reinsurer by the Monetary Authority of Singapore.

• Kendall Court's maiden mezzanine fund for Asia closes above target on $90m 15 Aug 2006. Source: AltAssets. Singapore-based Kendall Court Capital Partners has closed its debut mezzanine fund, Kendall Court Mezzanine (Asia) Fund I, on $90m, above its $75m target. The fund held as first closing on $35m in December 2004.

• Henderson Private Capital appoints Lee and Prasetya as senior principals 01 Aug 2006. Source: AltAssets. Henderson Private Capital, the private equity operation of Henderson Global Investors, has appointed Carol Lee and Sigit Prasetya as senior principals to the Asia team. Lee and Prasetya will be joining the Hong Kong and Singapore offices, respectively. Both will concentrate on sourcing, executing and managing investments, with Lee focusing on South Korea, and Prasetya focusing on South East Asia.

• Michael Marks joins KKR from Flextronics 08 Dec 2005. Source: AltAssets. US buy-out giant Kohlberg Kravis Roberts & Co. has appointed Michael E Marks. Marks will join the firm in January, following his retirement as chief executive officer of Flextronics, a Singapore-headquartered electronics manufacturing services provider. He will then assume the position of non-executive chairman of Flextronics.

• Troika Dialog, Temasek launch new private equity fund for Russia and CIS 15 Nov 2005. Source: AltAssets. Russian investment bank Troika Dialog and Temasek Holdings, an Asia investment company headquartered in Singapore, have agreed on a joint venture to co-sponsor a new mid-cap private equity fund targeting Russia and the Commonwealth of Independent States. The new fund, called the Russia New Growth Fund, will start with capital commitments of $150m. The fund is expected to close in 2006. A target size has not been announced yet.

• AXA Private Equity plans Asian expansion; office opening and new fund of funds 26 May 2005. Source: AltAssets. AXA Private Equity is planning a major expansion of its activities in Asia over the coming 18 months, starting with the opening of a Singapore office in September and the launch of an €200m fund of funds to back groups in the region. The firm says it now considers the Asian markets to be mature enough to merit serious attention.

• AXA Private Equity extends its venture activities abroad 07 Apr 2005. Source: AltAssets. AXA Private Equity has recruited Ivan Bernard-Brunel to launch the firm's venture activities in London and in Singapore. The firm has also moved Pierre-Emmanuel Boulic from Paris to its London office. The appointments are part of AXA Private Equity's plan to extend its venture activities abroad.

• US-based Carlyle to build up presence and activities in pan-Asian region 10 Mar 2005. Source: AltAssets. US-based private equity giant The Carlyle Group plans to expand its pan-Asian investment activities and to open offices in Beijing, China, Mumbai, India and Sydney in addition to the firm's existing offices in Shanghai, Hong Kong, Seoul, Singapore and Tokyo. The firm says that this move demonstrates its commitment to and confidence in the region.

• Asian HSBC Private Equity Fund 3 closes on $700m 03 Dec 2004. Source: AltAssets. HSBC Private Equity (Asia) has closed its HSBC Private Equity Fund 3 after receiving commitments of $700m. The fund will invest in mid-market Asian companies, with a primary focus on China, India, Malaysia, Singapore, South Korea, Taiwan and Thailand.