Scams on fraudulent private equities rob individuals of hard earned money. The city of Tianjin in China was rocked with controversy as thousands of retail investors claimed they were tricked by a group that offered illegal wealth management products.

Orbimed expands into Indian healthcare industry. Orbimed Advisors of New York is now preparing to launch its second Pan Asia Healthcare Fund by the end of 2013.

Private equity defined in simple terms. Private equity is simply a class of assets that include equity securities in operating companies that are not bought and sold in the stock exchange.

Hamilton Lane purchases Shott Capital. In an announcement, Hamilton Lane said it has acquired Shott Capital Management. Shott is a private equity firm that provides in kind stock distribution management services to institutional investors.

KKR bids on AXA's private equity funds unit. Henry Kravis's KKR and Co. is making its largest buyout bet when it weighs in on the purchase of AXA SA's private equity fund division.

Securities and Exchange Commission said late last month that the agency has its eye on several private-equity industry practices

Emerging market private equity funds in 2012 had their best year for raising capital since 2008 Emerging market private equity funds in 2012 had their best year for raising capital since 2008, pulling in $40.

Private equity funds completed $1.16 billion worth of deals in sub-Saharan Africa in 2012 Private equity funds completed $1. 16 billion worth of deals in sub-Saharan Africa in 2012, a near 10 percent increase from the previous year, a survey showed on Tuesday.

South Africa's Ethos Private Equity has raised $800 million for a new fund that will look for opportunities in the continent's biggest economy and its fast-growing neighbors in one of the largest amounts secured by an Africa-focused fund