China Investment Corporation ('CIC') joined a group of other investors including Qatar Investment Authority, to become majority shareholders in the London-listed Songbird Estates plc ('Songbird'). CIC is to commit an aggregate £221.5 million (US$363.2 million) for a 14.7% stake in Songbird and its preference shares. (Offshore)

Olympus Capital Holdings Asia announced the final closing of its first environmental fund, Asia Environmental Partners, L.P., at US$250 million. It will focus on environmental services and renewable energy companies across Asia, with a focus on China, India, Korea and Japan. (Pan-Asia)

Qingdao U-One Asset Management has initiated its first venture capital fund for Qingdao province. Qingdao U-One Hi-Tech Venture Investment Fund has a target fund size of Rmb100 million (US$15.7 million). (People's Republic of China)

Pacific Equity Partners is seeking to take control of Energy Developments Ltd ('Energy Developments'). The transaction could amount to A$409.2 million (US$377.2 million). Earlier, Archer Capital had made a takeover bid for Energy Developments, but subsequently withdrew that offer. (Australia)

Aavishkaar Venture Management Services, has acquired a minority stake in Waterlife India Pvt Ltd which provides end-to-end solutions for water purification. No transaction details were disclosed. (India)

India Equity Partners has led a group of investors in the 1.5 billion rupee (US$32.2 million) round of investment in A2Z Maintenance and Engineering Services Pvt. Ltd. ('A2Z'), an engineering, procurement and construction company for the transmission and distribution business in the power sector. A2Z had previously received funding from Beacon India Private Equity Fund. (India)

Hopu Investment Management has reportedly made its first overseas investment through a US$45 million stake in PT Lippo Karawaci Tbk ('Karawaci'), an Indonesian real estate developer. Karawaci is engaged in housing & land development as well as healthcare. (Indoneisa)

The Carlyle Group ('Carlyle') is teaming up with a group of shareholders in Natural Beauty Bio-technology Limited ('Natural Beauty') to acquire all of the issued shares of the target company. Earlier, Carlyle had taken a stake in Natural Beauty for HK$820 million (US$105.1 million).
      Listed on The Stock Exchange of Hong Kong, Natural Beauty is a manufacturer of health foods and beauty products. (Hong Kong)

Milestone Capital Management has invested a Rmb130 million (US$19 million) in Huasen Health International Group ('Huasen'), which produces quality mineral water. Huasen plans to seek a listing status within the next three to five years. (People's Republic of China)

Legend Capital Ltd. has invested Rmb10 million (US$1.47 million) in Tencho Technology Co., Ltd.('Tencho'), a computer accessories manufacturer. The investor declined to comment on the transaction. Techno is paving the road to become a quoted stock on China's technology board within the next three to five years. (People's Republic of China)

Lightspeed China has reportedly participated in the first round of fund raising of Shanghai Jusheng Wanhe Advertising Co., Ltd., a Shanghai-based integrated internet communication solutions provider. The transaction sum was not disclosed. (People's Republic of China)

The Carlyle Group, through Carlyle Asia Growth Partners, has participated in Agritech, Inc.'s ('China Agritech') private placement by investing US$15 million. China Agritech is listed on NASDAQ's Global Market and is engaged in the making and distribution of organic fertilisers in China. (People's Republic of China)

Baring Private Equity Partners India Limited has reportedly divested its entire stake in Gi Terminal i-Tech Pvt Ltd, a lottery solutions provider based in India. No financial details were disclosed. (India)

Citi Venture Capital International ('CVCI') is close to completing its disposal of Landwind International Medical Science Pte. Ltd. ('Landwind') to Avenue Capital Group, according to various media reports. The hedge fund is believed to be committing to a US$100 million transaction. Upon completion, it shall conclude CVCI's three-year investment holding period of Landwind. (People's Republic of China)

Fijian Sunner Development Co., Ltd., backed by Shenzhen Fortune Venture Capital Co., Ltd. and ABC Capital, was listed on the Shenzhen Stock Exchange. On its first day of trading, its share price rose by 33% to close at Rmb26.25 (US$3.84). (People's Republic of China)

Shenzhen Comix Stationery Co., Ltd. ('Shenzhen Comix'), a leading office stationery supplier in China, was listed on Shenzhen Stock Exchange on 21st October, 2009. On its first day of trading, the script recorded a 41% premium to its offer price of Rmb20 (US$3.14) per share.
      Shenzhen Comix is backed by Orchid Asia Group Management Ltd. and Shenzhen Capital Group. (People's Republic of China)

Infinity-CSVC Partners has sold a portion of its stake in Digital China Holdings Ltd. and clocked a return of US$11 million to its coffers, according to its public statement. This is the investor's first disposal of its holding in the company since it first invested in it in September last year. (People's Republic of China)

Mr Neeraj Bharadwaj, formerly with Apax Partners India Advisers Private Limited, has joined Accel Partners as its Managing Director. (India)