Rest of Asia
The company is 26.4% owned by activist investor Dalton.
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The US firm’s offer may top CVC-backed Kalon Holdings’ offer by 10%.
India
The fund has already deployed the majority of its committed capital.
Local LPs now account for 52.7% of the capital raised by India-focused PE-VC funds, per a report.
Singapore
It made the investment through Turn Capital Opportunities Fund 1.
Original LP commitments totalled roughly $5.5 billion, the report stated.
Greater China
The state fund is looking to sell the assets via a secondaries transaction.
The investment values the renewable energy company at 146 billion rupees.
Potential carve-out assets are in Taiwan, South Korea, and Southeast Asia.
The offering consists vehicles managed by Chinese funds with assets in Greater China.
