Abu Dhabi Investment Authority and Temasek Holdings are said to be among the party of investors interested to take a 5% stake in India’s MCX Stock Exchange Limited, which has also attracted interest from General Atlantic Partners LLC. MCX is a commodity futures exchange that offers global commodity trading that includes gold, silver, natural gas, crude oil and copper. (India)

Jiangxi Hongcheng Waterworks Co., Ltd., a Shanghai-listed water industry company, has announced the launch of its corporate venture fund, Nanchang Hongtu New Capital Venture Investment Co., Ltd.. The ten-year life fund has a target size of Rmb200 million (US$29.3 million) and has enlisted Shenzhen Capital Group Co., Ltd. as one of its investors. (People's Republic of China)

Frontline Strategy Limited ('Frontline Strategy') has taken a stake in Tejas Networks Limited ('Tejas Networks') for an undisclosed amount. It acquires its holdings from one of the earlier investors in Tejas Networks.
       Tejas Networks develops communication equipment for telecommunication carriers. Some of its existing investors include Battery Ventures, Goldman Sachs, Mayfield Fund and Sandstone Capital. (India)

BanyanTree Finance Private Limited has purchased a 10% stake in Bhopal-based GEI Industrial Systems Limited ('GEI') for 108.8 million rupees (US$2.2 million). GEI is a heat transfer technology provider for the oil, gas and power sector. (India)

Jacob Ballas Capital India Pvt. Ltd. and New Enterprise Associates (India) Pvt. Ltd. ('consortium') are reportedly planning to take a 40% stake in Financial Software & Systems Ltd., including the existing 34% stake currently held by The Carlyle Group.
       Founded in 1991, FSS offers ePayment products and services to banks, software vendors and other customers in the payments industry. (India)

JM Financial Investment Managers Limited has acquired an equity stake in DiagnoSearch Life Sciences Pvt. Ltd. (‘DiagnoSearch’) for an undisclosed amount. DiagnoSearch was among the first clinical trials management companies that established operations in India. (India)

Morgan Stanley Private Equity Asia ('MSPEA') is to pledge around S$68.74 million (US$47.7 million) in the buyout of Sihuan Pharmaceutical Holdings Group Ltd. ('Sihuan'). Sihuan is a manufacturer of cardiocerebral vascular drugs in China. It is listed on the Singapore Stock Exchange. (People’s Republic of China)

Japan's Infinity Venture Partners ('Infinity') has joined a consortium of investors to invest approximately US$2 million in tx.com.cn, a mobile social networking site ('SNS'). Infinity is a venture capital firm which had earlier invested in GREE, a SNS operator that was listed last year. (People’s Republic of China)

Shenzhen Fortune Venture Capital Co. Ltd. has invested an undisclosed amount in Hunan Yuyuan Bio-technological Co. Ltd. ('Yuyuan'), a leading producer of bio-organic fertiliser. Yuyuan was founded in 2006 in Hunan Province and specialises in research and development, production and marketing of microbial fertilisers. (People's Republic of China)

South Korea buyout firm Vogo Fund is close to take a controlling position in BC Card Co. ('BC Card'), according to the Korea Herald. The private equity firm hopes to bring its holdings in BC Card to 58.7%. Vogo Fund first vied to invest in BC Card in 2006. (South Korea)

Japan's SBI Holdings Inc has acquired a 20% equity stake in Vietnamese bank Tien Phong Commercial Joint Stock Bank through its wholly owned subsidiary SBI Ven Holdings Pte. Ltd.. The transaction sum was not disclosed. (Veitnam)

Myer Pty Ltd ('Myer'), controlled by TPG, is reportedly planning to raise A$2 billion (US$1.6 billion). In 2006, TPG acquired Myer from Coles Group for A$1.4 billion. Since then, TPG has sold the real estate assets of Myer. (Australia)

CVC Asia Pacific Ltd. ('CVC') has sold a basket of unlisted assets in Zhuhai Zhongfu Enterprise Co., Ltd. ('Zhongfu') and clocked a return of Rmb257.4 million (US$37.6 million).
       At the end of 2007, CVC acquired a substantial 29% stake in Zhongfu. The acquisition comprised of listed and unlisted assets of Zhongfu. (People’s Republic of China)

Shenzhen World Union Properties Consultancy Co., Ltd. ('World Union') made its debut on the Shenzhen Stock Exchange on 28th August 2009. It had earlier received an aggregate Rmb35.24 million (US$5.1 million) from Cowincapital Co., Ltd. and Shenzhen Capital Group. Neither investor disposed of their holdings at World Union’s initial public offering. (People’s Republic of China)

Mr Anil Gudibande, formerly a member of the private equity team of AIG Investments in India, has joined the Royal Bank of Scotland as the head of corporate financing and risk solutions. (India)