I-Med Pty Ltd ('I-Med'), invested by CVC Capital Partners and CVC Asia Pacific has received A$160 million (US$102.6 million) in a three- year leveraged financing deal. The deal is tied to the sale of the specialist care unit of I-Med. (Australia)

The UK-based CDC Group plc could allocate around US$10 million to India Agri Business Fund Ltd., according to various media reports. The fund is managed by Rabo Equity Management Co Ltd. (India)

The New Zealand Venture Investment Fund has agreed to commit up to NZ$20 million (US$10.1 million) to co-invest with the Endeavour Growth Fund into young New Zealand companies with high growth potential. (New Zealand)

Pohutukawa Private Equity II Limited, a vehicle for retail investors to invest alongside institutional investors in Direct Capital IV, and managed by Direct Capital Management Ltd., has raised NZ$82.5 million (US$41.5 million). The fund was oversubscribed by NZ$22.5 million. (New Zealand)

CITIC Capital Partners has recently completed the first closing of its second China focused buyout fund at US$500 million. (People's Republic of China)

Shenzhen GTJA Investment Group Co., Ltd., a domestic private equity firm, has raised 100 million yuan (US$14.6 million) for its Shenzhen GTJA Huifu Investment L.P.. The newly-established fund has a fund life of five years and will focus on pre-IPO companies. (People's Republic of China)

The People's Government of Nanchang City is sponsoring two investment funds that will represent an aggregate fund pool of over 5.5 billion (US$809 million), when the target sizes are achieved. The Nanchang Zhongke Venture Investment Fund has a target fund size of 5 billion yuan; while the GSR LED Industrial Fund aims to raise between 400 million yuan to 500 million yuan. (People's Republic of China)

Pallinghurst Resources Australia Ltd is to team up with Red Rock Resources PLC ('consortium') to raise their combined equity interest in Jupiter Mines Ltd ('Jupiter') to 55.5%. The consortium will participate in two phases by selling agreed assets to Jupiter that would represent a total consideration of approximately A$11.4 million (US$7.3 million). (Australia)

Allco Equity Partners ('Allco Equity') has made known its support to IBA Health Group Limited's ('IBA Health') equity raising by taking up its portion of the entitlement. The participation represents a commitment of A$32 million (US$20.5 million) from Allco Equity. The latter first committed in IBA Health in late 2007. (Australia)

Baring Private Equity India has strengthened its longstanding relationship with MphasiS BFL Ltd. by increasing its holdings in the latter to 12.2%, from its previous 8.6%. The investment represents an estimated to be 1.39 billion rupees (US$26.8 million). (India)

CLSA Capital Partners ('CLSA') has completed its tender offer for Nihon Integround Holdings, Inc., a general construction company, for an aggregate ¥1.7 billion (US$17.1 million). Prior to the tender offer, CLSA was an existing 32.1% shareholder in the target company. (Japan)

Cybernaut (China) Investment has teamed up with Shanghai Alliance Investment Ltd to lead a US$50 million investment in Chint Solar (Zhejiang) Co. Ltd., a producer of single crystalline silicon solar cells, according to the general manager of the company. (People's Republic of China)

Hony Capital has joined hands with China National Building Material Company Limited and Liaoyuan Jingang Cement Company Limited to establish a joint-venture cement company, North Cement Company Limited. The latter has a registered capital of 1 billion yuan (US$146.4 million). (People's Republic of China)

Legend Capital led in the latest round of financing raised by the Beijing-based instant messaging service provider, Beijing Dianji Science & Technology Co Ltd ('Dianji'). FIL Capital Management Ltd ('FIL Capital'), an existing investor in Dianji, also participated in this round. The transaction sum was not disclosed. (People's Republic of China)

Qiming Venture Partners and Steamboat Ventures have invested in Youxigu, an online gaming platform, for an undisclosed sum. Youxigu is a browser-based web game developer and operator in China and had earlier secured funds from Steamboat Ventures. (People's Republic of China)

IDG Vietnam has led a follow-on investment into its portfolio company Global Equipment Services, Inc. ('GES'). This round of financing was joined by Development Bank of Japan ('DBJ') as well as IT-Farm Corp.. The DBJ is committing US$1.5 million in preferred shares. (People's Republic of China)

The expression of interest to purchase Australian Discount Retail Pty Ltd closes on 16th March. The discount retailer, which went into receivership in January, was created in 2005 by CHAMP Private Equity and Catalyst Investment Managers Pty Ltd in an approximate A$212 million (US$135.9) transaction. (Australia)

Franklin Offshore International ('Franklin Offshore'), in which 3i Group Plc. is an equity investor, is seeking buyers. According to market sources, the transaction could amount to around US$400 million. (Singapore)

TPG will sell an additional 7.9% of NIS Group Co., Ltd ('NIS') but will unlikely yield any return of capital. As part of an agreement reached with NIS last year, any proceeds received for TPG's stake will be channeled back to NIS. (Japan)

Mr Vibhav Panandiker and Ms Cathy Zhang have been appointed Managing Directors of J.P.Morgan's Private Capital Asia division. Mr Panandiker covers South-east Asia while Ms Zhang will cover Greater China. (Singapore & Hong Kong)