Hon Hai commits $15m to Burrage Capital Healthcare Offshore Fund II.

News provider Financial Express said bank Citigroup and hedge fund DE Shaw could invest R500 crore ($100m) through a private placement for 10% of Future Ventures, the corporate venturing division of Indian retail conglomerate Future Group.

Sumitomo gains a seven-year guaranteed mineral supply contract from Molycorp after investment in rare earths mining company following China's decision to limit exports to Japan following a diplomatic incident in the summer.

Debate on the relative advantages and use of dollar and RMB funds in China as latter overtakes former in fundraising.

Sathguru Management Consultants' R450 crore ($100m) T-Harmony fund will invest in 25 companies in the healthcare, food and technology sectors.

Newswire Reuters said Legend Capital would raised funds of at least RMB1bn ($150m) and $350m and invest in government-supported sectors, such as telecommunications, green energy and pharmaceuticals.

News provider Fortune said former hedge fund manager Roger Ehrenberg had raised $50m for IA Ventures.

Blackbird Technologies has 26 investors for its planned-$40m Razor's Edge Fund.