Evergrande Real Estate Group Ltd., which counts Temasek Holdings, Merrill Lynch and Kuwait Investment Authority as its investors, has lost a parcel of its land that was repossessed by the Guangzhou municipal government. The plot is said to be worth Rmb4.1 billion (US$603 million). (People's Republic of China)

The Hong Kong-based Leopard Capital Ltd. announced the final closing of its first Cambodia-focused multi-sector investment fund after re-opening the fund back in August last year. It has secured US$34.1 million of commitments from investors. (Cambodia)

Shenzhen GTJA Investment Group Co., Ltd. and Hefei Construction Investment and Holding Co., Ltd. have launched a joint venture fund. According to local reports, the fund size is Rmb200 million (US$29.3million) with an investment focus on early stage enterprises in the Hefei region. (People's Republic of China)

A consortium of investors, including Infinity Group and Harbin Venture Capital Management Co., Ltd., have set up a private equity fund that has a target size of Rmb500 million (US$73.2 million). It focuses on unlisted high-growth companies in the Harbin region. (People's Republic of China)

Bain Capital, LLC. has committed 2.5 billion rupees (US$54.8 million) for a 15.4% stake in Himadri Chemicals & Industries Ltd. ('Himadri'). Earlier, Himadri had raised capital from Citi Venture Capital International and International Finance Corporation. (India)

Sequoia Capital China ('Sequoia') has reportedly invested an undisclosed amount in Masa Maso, a men's clothing brand and e-commerce site in China. Sequoia had earlier invested in OkayBuy.com.cn, as well as in Peak Sport Products Co., Ltd. (People's Republic of China)

Providence Equity Partners Inc. and Baidu Inc. have reportedly joined hands to launch an online video channel in China. The joint venture has a capital pool of US$70 million, according to Reuters. (People's Republic of China)

KPCB China has invested in Shanghai Kai Ying Network Technology Co., Ltd., a social network site online game developer, for an undisclosed amount, a spokesman of KPCB China confirmed. (People’s Republic of China)

The Singapore government's EDB Investments led a consortium of global investors, including Vertex Venture, Apax Partners, and ARCH Venture Partners, in the latest round of financing for US-based Innovalight, Inc. The latter has secured US$18 million. (USA)

SVB India Capital Partners has joined Draper Fisher Jurvetson and other investors in the latest round of financing for iYogi, which raised US$15 million. The New York-based iYogi is a provider of direct online technical support for consumers and small businesses. (USA)

D.B. Corp Ltd. ('DB Corp') made its debut on the Bombay Stock Exchange and raised 3.8 billion rupees (US$77.1 million). Warburg Pincus, which had earlier invested in DB Corp, has sold a portion of its holdings at the company’s initial public offering. (India)

Mr Chris Gammons has joined Bank of America Merrill Lynch as the Head of Private Equity business in Asia. (Hong Kong)