SOUTH BY SOUTHEAST: The Economic Times reports that Kaizen Management Advisors, an education-focused private equity fund in India, is planning to raise $150 million next year. Half of the money will go to Indian education projects; the rest will be invested in Singapore, Sri Lanka, Myanmar and the Philippines. Kaizen has invested $55 million out of the $70 million from its first fund (from IFC, Swiss Fund for Emerging Markets, HDFC India, UBS Fund of Funds and Bertelsmann) on seven school projects in the country. Here's a profile of Kaizen's founder and managing director, Sandeep Aneja, and check out its investment strategies in this pitch deck (PDF).