The International Finance Corp. ('IFC') is considering allocations to at least three funds, being Asia Environmental Partners, L.P., which is initiated by Olympus Capital Holdings Asia. Others include the VenturEast Life Fund III LLC and the Cambodia-Laos Development Fund. (Pan Asia)

A remaining number of child care centres formerly operated by the collapsed ABC Learning Centres Ltd. were sold for a token A$1 (US$0.71) each to Mission Australia which operates programmes to help disadvantaged children.
       Between 2007 and 2008, Temasek Holdings and Morgan Stanley Private Equity Asia had invested over US$420 million in aggregate in the child care services provider. (Australia)

Meihua Holdings Group Co., Ltd. ('Meihua Group'), in which CDH Investments and New Horizon Capital are investors, is mulling plans to become a publicly-listed company through a back-door listing. It is to inject its assets into the Shanghai-listed Wuzhou Minovo Co., Ltd. which will assume Meihua's name following completion of an asset swap exercise. (People's Republic of China)

China Investment Corp. announced a structural overhaul of its investment departments that will feature four separate units: Public Market Investment, Tactical Investment, Private Market Investment and Special Investment departments. (People's Republic of China)

China Science & Merchants Investment (Fund) Management Co., Ltd. announced its plans to launch an investment fund with the Hong Kong-based Jiangyuan Investment Development Company. The proposed fund will have a target fund size of US$50.5 million. (People's Republic of China)

San Francisco-based Walden International announced the closing of Seed Ventures IV Pte. Ltd. that raised S$20 million (US$13.3 million) which is established under the Singapore National Research Foundation's Early Stage Venture Funding Scheme. (Singapore)

Navis Capital Partners has made a US$30 million investment in a company that provides post-graduate and part-time executive courses, according to local sources. The private equity firm declined comment. (India)

IDFC Project Equity has invested an aggregate US$50 million in two special purpose vehicles ('SPVs'), according to sources close to the situations. The SPVs are sponsored by Ashoka Buildcon Ltd. in which IDFC Private Equity, a sister company of IDFC Project Equity, had earlier invested in. (India)

Shenzhen Fortune Venture Capital recently invested in BOSSCO Co., Ltd. ('BOSSCO') and Sunbird Yacht Co., Ltd. ('Sunbird Yacht') for undisclosed sums. BOSSCO specialises in the manufacture and sale of waste-water treatment equipment and control systems while Sunbird Yacht makes and sells yachts and boats. (People's Republic of China)

Walden International ('Walden') announced the S$2 million (US$1.33 million) investment in Brandtology Pte Ltd. which is based in Singapore and provides brand intelligence services. (Singapore)

Kohlberg Kravis Roberts & Co. ('KKR') is viewed as the possible winning bidder for Anheuser-Busch InBev's Oriental Brewery Co., Ltd., according to South Korea's Maeil Business Newspaper. KKR beat Affinity Equity Partners and MBK Partners who were among the party of foreign bidders for the beverage company. (South Korea)

Morgan Stanley Private Equity Asia and CDH Investments are believed to have sold a portion of their holdings in China Shanshui Cement Group Ltd. For an estimated US$129 million. Since 2005, the consortium and International Finance Corporation invested more than US$180 million into the Shandong province-based cement company. (People’s Republic of China)

Franklin Offshore Holdings Pte. Ltd., in which 3i Group plc and Intermediate Capital Group (‘ICG’)are investors, could be sold to private equity investors as both HSBC Private Equity (Asia) Ltd. and Actis Capital LLP are known to be bidding for the oil logistics service provider. Franklin Offshore also received mezzanine finance from the Asia Pacific arm of ICG. (Singapore)

China Investment Corp has appointed Mr Hu Bing as head of its private equity department, according to Reuters. Mr Hu was transferred from CIC's fixed income department and will assume the position formerly held Mr Zhou Yuan, who commenced his tenure with CIC in January and will now look after real estate investment. (People's Republic of China)