China Investment Corp. has reportedly agreed to invest HK$2 billion (US$256.4 million) for a 40% stake in CITIC Capital Holdings Ltd., according to various media reports. (People’s Republic of China)

Partners Group, a Swiss-based alternative asset manager, was selected by the Korea Investment Corp to manage its global private equity secondary programme. (South Korea)

UTI Asset Management announced its plans to set up an India-focused infrastructure fund. To be known as India Infrastructure Development Fund, it will have a target fund pool of US$500 million. (India)

Venture capital firms Brandon Capital Partners, Playford Capital and Terra Rossa Capital, invested an aggregate US$4 million into Signostics Inc., an Australia-based medical device company that is developing personal ultrasound technology. (Australia)

Lightspeed Venture Partners has teamed up with Matrix Partners India and Intel Capital to invest 500 million rupees (US$10.3 million) for an undisclosed stake in Itz Cash Card Ltd, a prepaid cash card company. (India)

Fung Capital will invest US$30 million in Future Logistic Solutions Limited ('Future Logistic'). Established in 2007, Future Logistic is a subsidiary of the Future Group, which is part of the Pantaloon Retail India's sprawling business empire. (India)

IDFC Private Equity is reportedly aiming to invest US$15 million in Manipal Universal Learning Private Limited, an education company that offers a variety of courses in various fields, including management and engineering. (India)

Sequoia Capital India has invested 400 million rupees (US$8.2 million) in a leading local search engine, Just Dial Services, which caters to over 25 million users and expedites 200 million searches per year. (India)

Shanghai Ventures Investment Partners has invested US$2.1 million in Advantech Global Limited, a Pittsburgh, US-based company which will use the capital to build a pilot production line to reduce the cost of manufacturing OLED television displays and similar products. (U.S.A.)

Tiantu Capital has recently taken a minority stake in Shenzhen I-Tooling Manufacturing Group in a deal valued at Rmb 20 million (US$2.9 million). (People's Republic of China)

Shenzhen Fortune Venture Capital Co. Ltd. will invest Rmb36 million (US$9.2 million) for an 8% equity stake in Jiangxi Huangshanghuang Food Co., Ltd., a poultry company in Jiangxi province. (People's Republic of China)

Three private equity investors have agreed to purchase a 10% stake in China Unionpay, according to Reuters. CITIC Private Equity, V-Stone Investments, and an unnamed local investor will take part in the transaction. China Unionpay controls the bank payment system in China. (People’s Republic of China)

Suzhou Ventures Group, which manages the China-Singapore Hi-tech Industrial Investment Fund, had been paring down its stakes in two listed portfolio companies, Nanjing Yunhai Special Metals Co., Ltd. ('Nanjing Yunhai') and Jiangsu Alcha Aluminum Co., Ltd. (Jiangsu Alcha'). (People’s Republic of China)

Warburg Pincus LLC had sold a portion of its holdings in Max India Ltd. On completion of this share disposal exercise, the private equity investor will continue to hold a 16.17% stake, according to public filing documents. (India)

Temasek Holdings (Private) Limited announced that Mr Charles W. Goodyear will not be assuming the post of chief executive officer. (Singapore )

Partners Group appointed Mr Reto Schwager as Partner, Head Investment Solutions Asia. He will be based in Singapore. (Singapore )

Mr. Arthur Zhu has joined Fortman Fund as Chief Executive, according to The Wall Street Journal. He was previously the Managing Director at Credit Suisse Group's Beijing office. (Singapore )