The AIM-quoted investment group China Private Equity Holdings Ltd (CPE) has announced a 31% increase in net asset value during the six months to 30 June 2011, following its successful acquisition during the period of a 30% stake in the online financial services group Enfinium. The company also said in

The Aureos South-East Asia Fund II (ASEAF II) has completed an MBO transaction of a leading Indonesian engineering company, ODG Wormald Indonesia (ODG). ASAEF II, which is currently fundraising with a target of US$250m, is a regional private equity fund focusing on investments in South East Asia, particularly Indonesia, Thailand,

Grove Street Advisors, a discretionary private equity investor with USD6.4 billion under management, has added Bruce Ou as its third Principal, following Dr Kiran Rao in 2009 and Philippe Schenk in 2010.  Ou will focus on fund investment activities across sectors including fund due diligence, evaluation and monitoring.   Ou

Fried, Frank, Harris, Shriver & Jacobson has added M&A and private equity lawyers Douglas Freeman and Victor Chen as partners in the Firm’s corporate practice.   Freeman will be resident in both the Firm’s Hong Kong and New York offices and Chen will be resident in its Hong Kong office.

CommScope has completed its acquisition of Argus Technologies, a producer of innovative antenna solutions for wireless applications. Terms of the agreement have not been disclosed. Argus, headquartered near Sydney, Australia, provides a wide array of high performance, high technology antennas for base stations, stadiums and venues, and other wireless applications.  The

Innovation Works, an early-stage high-tech investment firm in China that invests in and coaches young entrepreneurs as well as providing complete services to help these start-ups, has successfully raised USD180 million.   The Innovation Works Development Fund (IWDF) is the first US dollar-based fund raised by the firm to be

Representatives from Guernsey Finance visited China last week to further strengthen relationships in Shanghai and Beijing. Peter Niven (pictured), Chief Executive of Guernsey Finance – the promotional agency for the Island’s finance industry internationally and Fiona Le Poidevin, Deputy Chief Executive, spent two days in Shanghai and three days in

OSK International Investments Hong Kong Ltd, a subsidiary of OSK Holdings Berhad, one of Malaysia’s leading investment services firms, is to launch a new resource investment fund as part of a broad ranging initiative to boost the company’s presence in Hong Kong.   The new fund, the OSK Resources Fund,

Tianyi Medical Private Equity Fund has led a RMB250 million investment round in Asymchem Laboratories (Tianjin) Co, Ltd. (Asymchem). Tianyi Medical Private Equity Fund, a joint venture of Infinity Group and Tianjin Venture Capital (TJVC), focuses on investments in the biomedical industry. Tianyi Medical Private Equity Fund and TJVC co-invested