Mizuhu International PLC, the London-based arm of Japan-based Mizuhu Securities, is setting up a private equity division. It will be led by David Porter, who previously served as head of private equity with Nomura International PLC.

News reports say that Warburg Pincus has sold 6% of the Indian mobile communications company Bharti Tele-Ventures Ltd. for $561 million. This is Warburg’s third sale of Bharti stock, since acquiring an 18.5% position just before the company went public on the Bombay Exchange in 2002. The sales have accounted for about 12% of the company, and have returned about $1.08 billion for Warburg.

Temasek Holdings recently announced that it would increase its investments outside of Singapore into the rest of Asia. Just last week, for example, Singapore took controlling shares of a Malaysian bank, becoming the first significant foreign share holder of a Malaysian financial institution.

Pollex Mobile Holding Ltd., a China-based mobile applications software and services provider, has raised a Series A round of funding from investors Jafco Asia, Intel Capital, Samsung Ventures and W.I. Harper. The company plans to use the funds to support its work in 2.5 Gand 3G mobile device applications.