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Venture capitalists coming off the telecom and networking highs of yore are seeing new growth opportunities for the semiconductor industry in rapidly expanding consumer technology segments, particularly in Asia.
The Paris-based private equity group has launched its first Asian fund of funds with a closing target of between $150 million and $200 million.
The New York-based private equity firm is opening an office in India, as well as earmarking $1bn for investment in the country.
The former Amadeus Capital partner has signed on with the general partners of IDG Ventures’ $100m European fund.
The Swiss fund of funds manager is currently talking to potential investors about a new vehicle that will target primarily direct investments in India.
Henderson Private Capital has completed its third Asian investment in a month and announced a first close of its PFI Secondary Fund on £136m.
The US-based global private equity firm has delivered a second major profit to investors from its holding in Bharti Tele-Ventures, the Indian mobile operator.
Venture partner Simon Cornwell has become a partner and senior member of the investment team of European technology investor Amadeus Capital Partners.
The €40 million investment in Lithuanian food retailer Palink is one of the largest private equity deals yet seen in the Baltic region.
HSBC Private Equity Asia, the Asian private equity arm of the HSBC Group, has posted a final closing of its third fund on US$700 million.

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