Dhiraj Poddar has joined the Mumbai office of TA Associates Advisory as a director. Poddar will focus on investments in growth companies in India and other emerging markets. He joins TA from Standard Chartered Private Equity, where he served as a director responsible for origination and evaluation of investment opportunities,

DC Advisory Partners, formerly Close Brothers Corporate Finance, has appointed Tosh Kojima as managing director and the head of Japan Asia Focus Group. Based in London, Kojima will be responsible for advising clients pursuing cross-border transactions between Europe and Asia and leveraging the network of Daiwa Capital Markets. Kojima has

Lombard Investments has sold a major portion of its stake in Somboon Advance Technology, a Thailand-based original equipment manufacturing supplier of auto parts. Lombard invested in Somboon through its Thailand Equity Fund and realised a 3x return. During Lombard’s holding period, Somboon grew its car and light truck parts business,

Private equity firm Origo Partners has acquired a 16.5 per cent stake in Unipower Battery for an aggregate amount of USD4.3m.  Unipower is a new venture established to provide lithium-ion batteries and related materials to China’s burgeoning electric vehicle market. The company is in the process of being spun out

J.P. Morgan has been appointed depositary bank by the India-based producer of synthetic, cotton and blended yarns, Jindal Cotex. It follows the company’s recent USD38.5m global depositary receipt listing on the Luxembourg Stock Exchange.   “We are extremely pleased to have launched our GDR offering in Europe,” says Sandeep Jindal,

Private equity firm TA Associates has made a minority investment in Dr Lal PathLabs, one of India’s largest chains of pathology laboratories, by purchasing half of Sequoia Capital’s stake. Sequoia Capital has been an investor in Dr Lal PathLabs since 2005. Dr Lal PathLabs was founded in New Delhi in

Lawyers from Carey Olsen have advised West China Cement on its offering and listing on the Hong Kong Stock Exchange, which completed on 23 August 2010. West China Cement is a cement producer in the Shaanxi province of China. It is the first Chinese business held through a Jersey company

The medical devices business of Golden Meditech Holdings, a China-based healthcare enterprise, has raised USD40m from private equity investors. The proceeds will fund the construction of new production lines for both medical devices and medical accessories to fund the formation of a joint venture with Fenwal. The group’s interest in