RRJ Capital, a Hong Kong firm led by prominent Asia dealmakers the Ong brothers, has raised $3.5 billion for its second fund, making it the second-largest Asia Pacific-based private equity fund ever raised, Reuters reports.

Singapore state investor Temasek Holdings and private equity firm RRJ Capital bought nearly half of the shares in the $1.34 billion offering by PetroChina Co,‘s unit Kunlun Energy Co., Reuters reported Tuesday. More than 140 investors bought into the company, which is becoming a leading player in China’s natural gas sector, according to a term [...]

(Reuters) – An $80 million investment in a Chinese baby diaper producer normally wouldn’t generate much buzz. But last week’s deal for AAB China was interesting for a few reasons, among them the involvement of Richard Ong’s new $2.3 billion private equity fund. The deal shows that private equity firms, like Ong’s RRJ Capital, are [...]

RRJ Capital, a $2.4 billion Asian private equity firm, and a unit of Hong Kong’s Cheung Kong, has poured $80 million into AAB, a Chinese maker of baby diapers, Reuters reported. AAB China does around 70 percent of its sales in China and 30 percent overseas, Reuters wrote.

A group of investors including Maju Investments and RRJ Capital has agreed to buy about 70% of Cisco, Texas-based Frac Tech Services Inc., Reuters reported. Financial terms of the deal were not released. Chesapeake Energy Corp. currently owns about 26 percent of Frac Tech. After the deal, Chesapeak will own about 30%.