Yvette Choo

The global private equity firm will invest A$65m for a stake of 18% in the Australian waste management company and the remaining A$735m will be raised via an entitlement offer.

Debt and declining consumer demand has sent Australia's Riviera Group into receivership. It marks the second private equity-backed yacht investment to sink in 2009, the first having been Candover- and Permira-backed Ferretti in February.

Shareholders will vote today on the Dubai-based bank's fate; last month, they unanimously opted to keep the company a going concern.

The fund will enable China and ASEAN countries to cooperate on investments across infrastructure, energy and resources, information and communications.

The fund will reportedly enable China and ASEAN countries to cooperate on investments across infrastructure, energy and resources, information and communications.

The Egypt-focused fund, which is targeting $100m, has raised $51.5m from ‘a significant number of European institutional investors’.

The Indonesian Infrastructure Financing Facility will provide financial assistance in the form of long-dated debt instruments, equity or guarantees for infrastructure projects in the country.

The UK-listed mezzanine house is the latest firm to close a Tokyo office after having found the Japanese market difficult to penetrate. It will instead bolster its team in Sydney, where it has seen more deal flow.

Recently voted best law firm for fund formation in Europe in the Private Equity International Awards 2008, SJ Berwin has identified China and East Asia as 'critical markets for the future', according to senior partner Jonathan Blake. The firm will open its 10th office in Hong Kong - its first outside Europe.

KKR and Permira have made some senior level personnel changes in recent months, as their endeavours to crack the tough Japanese buyout market continue, writes Yvette Choo.