The State Bank of India has teamed up with State General Reserve Fund of Oman to set up the US$100 million The India Oman Joint Investment Fund. The fund will target equity investments in various sectors in India. (India)

Citigroup Inc. ('Citi') is to sever certain proprietary interests in its fund of funds, mezzanine funds, feeder funds and co-investment businesses. The assets will be sold to StepStone Group LLC and Lexington Partners with a significant pool of professionals in Citi to join the new owners. (Offshore)

Tsinghua University has joined the marquee list of investors in China Agricultural Bank and has invested Rmb500 million (US$73.8 million) in the lender which went public on the Shanghai Stock Exchange on the 14th, with its dual listing on The Stock Exchange of Hong Kong taking place the following day. (People's Republic of China)

Vietnam Enterprise Investments Ltd. ('VEIL'), managed by Dragon Capital, has received investors' overwhelming support to proceed with its investment mandate, following a recent annual general meeting in Vietnam. Since the beginning of the year, VEIL has been trading at 20% below its net asset value. (Vietnam)

Ekuiti Nasional Berhad, the government-linked private equity fund management company, has appointed CIMB Private Equity Sdn Bhd, KFH Asset Management Sdn Bhd and Navis Capital Partners as Outsourced Fund Managers. (Malaysia)

Shanghai Dazhong Group Capital Private Equity Investment Co., Ltd., formerly known as Shanghai Dazhong Private Equity Investment Co., Ltd., has invested Rmb250 million (US$36.9 million) in China Media Capital, which is China's first media-focused private equity fund.(People's Republic of China)

BanyanTree Capital Advisors announced the closing of its mezzanine fund, BanyanTree Growth Capital, LLC, at US$100 million with capital commitment from Deutsche Investitions- und Entwicklungsgesellschaft mbH and FMO-Netherlands Development Finance Company. (India)

The Hong Kong-based fund of funds house, Emerald Hill Capital Partners, Ltd, has announced the final closing of its Emerald Hill Capital Partners II, L.P. ('Fund II') at US$300 million. Fund II attracted allocations from endowments and foundations in the US and Europe. (Pan-Asia)

China National Democratic Construction Association has announced the establishment of a Rmb500 million (US$73.8 million) venture capital fund in Ningbo National High-Tech Industrial Development Zone. The fund has already achieved its first closing at Rmb100 million. (People's Republic of China)

CCB International (Holdings) Ltd. has joined hands with Shanghai Chengtou Corporation on setting up a green fund in China with a total target of Rmb20 billion (US$2.9 billion) that invests in environmental protection projects on Yangzi River Delta. (People's Republic of China)

Dragon Capital announced the launch of Mekong Brahmaputra Clean Development Fund L.P. that has a target size of US$100 million. The clean tech fund has already raised US$45 million capital from a host of development financial institutions, including FMO-Netherlands Development Finance Company and Finnish Fund for Industrial Cooperation Ltd. (Vietnam)

Silicon Valley-based Accel Partners has invested US$60 million into Atlassian Pty Ltd ('Atlassian'), an Australian developer of product development software. The fresh capital will be used by Altassian to further software development and market expansion into Asia and Europe. (Australia)

Private equity heavyweights The Carlyle Group and TPG Capital have proposed to acquire Australia's Healthscope at A$6.26 per share (US$5.43), valuing the company at A$2.7 billion. Healthscope's board unanimously recommends shareholders to vote in favour of the offer. (Australia)

Canada Pension Plan Investment Board has submitted a non-binding and conditional proposal to acquire the entire issue capital of Intoll Group ('Intoll') for a current equivalent of A$1.535 (US$1.35) per Intoll stapled security. The offer price implies an enterprise value of A$5.1 billion for Intoll. (Australia)

InMobi has raised US$8 million in its Series B round from existing investors, Kleiner Perkins Caufield & Byers and Sherpalo Ventures. InMobi is a global mobile advertising network which delivers intelligent mobile advertising solutions. (India)

Norwest Venture Partners led other investors in providing US$7.2 million to Perfint Healthcare Pvt. Ltd. in the latter's Series B fund raising exercise. Existing investors Accel Partners and IDG Ventures India have committed capital to the medical equipment company. (India)

A consortium of global investors including Nexus Venture Partners, Helion Venture Partners, and Draper Fisher Jurvetson has invested US$6 million in Komli Media India Private Ltd., an online advertising network platform engaged in video advertising and internet audience measurement. (India)

Peepul Capital LLC has committed 550 million rupees (US$11.76 million) to Aqua Designs India Private Ltd., a water-management engineering company that provides turnkey solutions for water and wastewater management. (India)

CX Partners is said to be close to deploying 1.2 billion rupees (US$25.7 million) in NTL Electronics India Ltd., which is a B2B manufacturer of electrical products for the lighting industry. (India)

IL&FS Investment Managers Ltd. is to invest around 800 million rupees (US$17.1 million) in Aria Hotels and Consultancy Services Private Ltd. ('Aria'), according to local reports. Aria is a subsidiary of Asian Hotels (West) Ltd. which is a hotel developer. (India)

ICICI Venture Funds Management will reportedly invest around 200 million rupees (US$4.2 million) in People Combine Avenues Ltd., formerly known as Vikas Education Institutions Ltd. (India)

FE Clean Energy Group Inc. and International Finance Corporation are said to have invested an aggregate US$50 million in Bhilwara Energy Ltd. ('Bhilwara'). Bhilwara had earlier raised capital from Jacob Ballas Capital India Private Ltd and General Atlantic LLC. (India)

A party of investors including Advantage Partners, LLP, Wise Partners, Polaris Capital Group Co., Ltd. and CITIC Capital Partners are among the bidders for Teibow Co., Ltd., a marker pen nibs manufacturer, backed by Goldman Sachs Group Inc. (Japan)

The Longreach Group announced having successfully completed its tender offer to acquire the issued and outstanding common shares of SANYO Electric Logistics Co., Ltd. ('Sanyo'). The transaction represents a deployment of ¥18 billion (US$200 million). (Japan)

Qiming Venture Partners has led the latest round of financing of Lanzatech NZ Ltd. for US$18 million. The latter has enlisted SB China Venture Capital, Khosla Ventures and K1W1 as investors. (New Zealand)

China Broadband Capital led the Series C financing for www.3g.cn, a mobile 3G network applications developer. Existing investors JAFCO Asia, WI Harper Group and IDG Capital Partners have also participated in this latest round of financing. (People's Republic of China)

CDH Investments has invested an undisclosed amount in Blue Ocean Network, which is an English television network with headquarters in Beijing. (People's Republic of China)

CCB Healthcare Fund Management Co. has reportedly invested in two pharmaceutical companies, Le Ren Tang Pharmaceutical Co., Ltd. and Xiamen Luyan Pharmaceutical Co., Ltd. for Rmb100 million (US$14.7 million) and Rmb150 million respectively. (People's Republic of China)

Sequoia Capital China has reportedly committed to OkayBuy.com.cn for the second time. The investment amount is believed to be over Rmb100 million (US$14.7 million). OkayBuy.com.cn operates an online shopping platform in China. (People's Republic of China)

Navis Capital Partners Ltd. has obtained 90.6% of Eng Kong Holdings Ltd. ('Eng Kong') in a tender offer which was initiated in early June. The transaction amounts to an aggregate S$77.4 million (US$54.9 million). Eng Kong offers container depot operation and warehousing services. (Singapore)

The Carlyle Group and Affinity Equity Partners are reportedly in due diligence for South Korea's third-largest life insurance company Kyobo Life Insurance Co., Ltd. ('Kyobo'). According to reports, the two investors are vying to acquire a minority stake in Kyobo from the beleaguered Daewoo International Corporation. (South Korea)

China ITS (Holdings) Co., Ltd. ('ITS'), a leading transportation infrastructure solutions provider, was listed on The Stock Exchange of Hong Kong. Earlier, ITS has successfully attracted a long list of investors including Temasek Holdings, Baring Private Equity Asia, GE Capital Equity and Intel Capital. (People's Republic of China)

Aureos Capital has concluded the selling of its holding in Truong Thanh Furniture Corp., a leading Wooden furniture producer in Vietnam, and registered a return multiple of 1.9 times and an internal rate of return of 80.9%. (Vietnam)

Mr Steve Trevor has reportedly resigned from Morgan Stanley Investment Management as co-head of its private equity division based in USA, ending a three-year tenure with the firm. (USA)