AMP Capital Investors has selected the US-based StepStone Group LLC as its exclusive private equity advisor in Australia and New Zealand in the development of the Future Directions Private Equity Fund. (Australasia)

KSK Emerging India Energy Fund, managed by KSK Asset Management Services Pvt. Ltd., is in the process of being liquidated after the fund’s shareholders passed a resolution to have their capital commitments to this fund returned. (India)

The International Finance Corp. has joined forces with FMO and Deutsche Bank to commit an undisclosed sum to Aavishkaar Goodwell India Microfinance Development Co. Ltd., a microfinance private equity company. (India)

Standard Chartered Private Equity Limited has subscribed to an aggregate A$80 million (US$52.76 million) worth of Convertible Unsecured Notes issued by Straits Resources Limited (‘SRL’).
       Listed on the Australian Stock Exchange and based in Perth, SRL focuses on acquiring and developing assets within the gold, copper and bulk commodities sectors. (Australia)

Norwest Venture Partners India has invested 200 million rupees (US$4 million) in Appnomic Systems Pvt. Ltd.
       Based in Bangalore, Appnomic Systems provides management solutions for IT assets of medium to large size enterprises. (India)

Asia Mezzanine Capital Group has joined a co-investor of its fund to invest US$40 million in Anhui YingLiu Group. (People’s Republic of China)

Ms Hemal Mirani, former Managing Director of HarbourVest Partners, LLC has concluded a 12-year tenure with the leading fund of funds house.(Pan-Asia)

Mr Naohiko Kitsuta, Managing Director of KKR Japan Limited, has left after joining the buyout firm less than 2 years ago, according to the Wall Street Journal. (Japan)

Mr Fan Zhang, Founding Managing Partner of Sequoia Capital China, has resigned, concluding a three-year tenure, according to local reports. (People’s Republic of China)

Mr Philip Yea, Chief Executive of 3i Group plc, will relinquish his responsibilities, concluding a tenure of four and a half years with the company. (Global)