Religare Enterprises Ltd. ('Religare') has reached an agreement to acquire a majority stake in the US-based Northgate Capital, LLC ('Northgate') for a commitment of up to US$1 billion. Northgate is a manager of venture capital and private equity funds. Most recently, Religare took over the fund portfolio companies of the Dubai-based fund of funds house, Evolvence Capital India.

China Investment Corporation has signed an agreement with Intel Capital to identify potential technology investments globally. Intel Capital also announced an allocation of US$3.5 billion to form an alliance of venture capitalists to boost US competitiveness in technology. (Global)

International Finance Corporation is planning to invest up to US$10 million in Auro Mira Energy Co. Pvt. Ltd. ('AME'), an India-based renewable energy-focused company. AME plans to develop several hydro and wind power assets. (India)

QInvest, a leading investment bank in Qatar, will acquire a 25% stake in Ambit Group, which provides an array of financial services. This is QInvest's first investment in India. No transaction details were disclosed. (India)

Temasek Holdings Pte. Ltd. and the Li Ka Shing Foundation have invested US$15 million in SecondMarket, the largest auction platform for illiquid assets including private company stock and limited partnership interests. (USA)

Mr Jack Ma, founder, chairman and chief executive officer of Alibaba.com, reportedly will join hands with a party of China's leading technology entrepreneurs to launch a fund that will invest in consumer goods and renewable energy industries. The fund has an initial target of US$200 million. (People's Republic of China)

The Carlyle Group will be teaming up with the Shanghai-based Fosun Group to launch a renminbi fund that focuses on high-growth companies. Earlier, both parties co-invested in Guangdong Yashili Group Co., Ltd., an infant formula company in China. (People's Republic of China)

China Everbright Ltd., along with four local enterprises in Jiangsu Province, launched a Rmb3 billion (US$439.4 million) fund that will seek investment opportunities in high-growth green projects. (People's Republic of China)

Baring Private Equity Partners India Pvt. Ltd. is said to be close to making an investment of around 1.9 billion rupees (US$40 million) in Famy Care Ltd. ('Famy Care'), according to The Economic Times. Famy Care manufactures hormonal and reproductive health care products. (India)

Milestone Religare Investment Advisors Pvt. Ltd. has invested 312 million rupees (US$6.8 million) in HealthCare Global Enterprises Ltd. which is the largest cancer care provider in South Asia. The healthcare provider had earlier raised funds from IDFC Private Equity, Evolvence India Capital and PremjiInvest. (India)

PremjiInvest has invested 2 billion rupees (US$43.3 million) in Manipal Universal Learning Pvt. Ltd. ('Manipal Universal') which had earlier enlisted IDFC Private Equity as one of its backers. Manipal Universal is the corporate education arm of Manipal Group. (India)

Gobi Partners and Steamboat Ventures have invested an undisclosed amount in Yoyi Media, a media agency company. Gobi Partners is a venture capital firm focusing on IT and digital media investments in China. Steamboat Ventures invests in early to expansion stage companies that pursue opportunities in the consumer technology market. (People's Republic of China)

Global Environment Fund has announced the completion of its US$30 million investment in UPC Renewables China Holdings Ltd., an independent renewable energy producer. The capital will be used exclusively for wind power in China. (People's Republic of China)

ChrysCapital and Morgan Stanley Principal Investments Asia LLC have sold a portion of their holdings in Hathway Cable & Datacom Ltd. ('Hathway') following the latter’s recent listing on the Bombay Stock Exchange and National Stock Exchange. Hathway is a cable television services provider in India. (India)

TPG is believed to have sold an aggregate 101 million shares in Lenovo Group and returned an aggregate HK$544.2 million (US$70.1 million) to its coffers. (People's Republic of China)

• BlueFocus Communication Group Co., Ltd. backed by Shenzhen Fortune Venture Capital Co., Ltd., became the first domestic public relations agency that was listed.
     
• Xiamen Savings Environmental Co., Ltd., backed by Shenzhen Capital Group Co., Ltd., was listed. (People's Republic of China)