Venture company New Enterprise Associates announced it closed a $2.6 billion fund, the firm's 14th and one of the largest raised in venture capital.

China's sovereign wealth fund China Investment Corp. suffered its first-ever drop in net profit in 2011 and predicted tough trading conditions may persist as volatile financial markets dent stock investments.

Ancestry.com Inc (ACOM.O), the family-history research website, is exploring a sale to private equity firms and is hoping to solicit revised bids from them in early August.

bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.

Investments to Capitalize on Rising Oil & Gas Demand from China and South/Southeast Asia. Forbes Private Capital Group ("Forbes") announced today the final closing of Kerogen Energy Fund, L.

Diversified financial and real estate funds continue to be attractive investments For the private equity sector, 2011 was a roller coaster year, with the first half retaining the momentum from 2010 and the second half being affected by the global economic scenario.

MicroVentures today announced the launch of MicroVentures Investor Challenge. MicroVentures today announced the launch of MicroVentures Investor Challenge — a Facebook game in which real startups like AirBnB, Etsy, and Pinterest compete for a player's virtual investment.

GE Antares served as administrative agent on a $405 million senior credit facility to support the acquisition of Tank Holdings Corp.

Sterling Partners has led an additional $18 million growth equity investment in SecureNet. SecureNet Payment Systems, a leader in payment processing technology, announced today that Sterling Partners, a leading growth-oriented private equity firm with approximately $5 billion in assets under management, has led an additional $18 million growth equity investment in SecureNet.

SensiQ Technologies, Inc. has been acquired by private equity firm TechVen Partners, and will seek to aggressively expand the market reach of its Label-Free Surface Plasmon Resonance (SPR) devices for biomolecular interaction analysis.

California-based NantWorks, LLC, announced today that leading investment firm Blackstone (NYSE: BX) has invested US$125 million in NantPharma.

Britain's local government pension schemes want more freedom to mobilise their billions of pounds of assets to spend on roads, power stations and other infrastructure.

After decades roaming the world in search of lower costs, U.S. manufacturers are finding that factories at home can compete with China, In dia, Mexico and other low-cost countries.

South Korea's Woongjin Holdings Co has opted to team up with a local private equity fund to buy a 31 percent stake in water purifier maker Woongjin Coway Co Ltd.

Asana, a Silicon Valley start-up, has lined up $28 million in a financing round led by PayPal co-founder Peter Thiel and his Founders Fund.

U.S. network equipment maker Cisco (CSCO.O) won unconditional EU regulatory approval on Tuesday for its $5 billion takeover of TV software developer NDS.

Private equity firms Carlyle Group LP (CG.O) and BC Partners Ltd have joined forces and are in advanced talks to buy United Technologies Corp's (UTX.N) industrial businesses.

China plans to double the amount insurers can invest in private equity and allow them to trade financial derivatives both at home and abroad.

Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.

Because of weakness of export to Europe and real estate, flocks of migrant workers in eastern China are returning back home.

China’s A Stock market underperformed persistently, and most of stock traders think the reason why Chinese stock market is the most bearish should be too many IPOs.

State oil company CNOOC plans to buy Canadian rival Nexen Inc for $15.1 billion State oil company CNOOC plans to buy Canadian rival Nexen Inc for $15. 1 billion, a deal which if successful would be China's biggest foreign corporate takeover and a test of Ottawa's tolerance of outside interest in its resources.

Peet's Coffee & Tea Inc (PEET.O) said on Monday it struck a deal to be acquired by Joh. A. Benckiser for about $1 billion.

Global alternative asset manager The Carlyle Group (NASDAQ: CG) has agreed to invest up to $800 million in Genesee & Wyoming Inc.

DreamWorks Animation SKG Inc beat rival bidders to buy Classic Media for $155 million to strengthen its array of entertainment characters.

Daiwa Securities Group aims to spearhead a $380 million investment in Myanmar to build an information technology backbone for the government.

China's insurance regulator said on Monday it will permit insurers to outsource management of their investments to securities brokerages and fund management companies (FMCs) for the first time.

Redpoint e.ventures said it had raised $130 million for its inaugural early-stage fund. Redpoint e. ventures, the Brazilian venture-capital firm created by Redpoint Ventures and e.

News and developments in Asia private equity from Reuters News for the week ending July 20. News and developments in Asia private equity from Reuters News for the week ending July 20.

Bain Capital Ventures today announced the launch of StartUp Academy. Bain Capital Ventures, a leading venture capital and growth equity firm with over $2 billion in committed capital, today announced the launch of StartUp Academy, a newly created initiative to provide students with invaluable exposure to entrepreneurship and insights on how to build a business and work with innovative technologies.