TPG Capital, a global private equity firm with more than $48 billion in assets under management worldwide, is seeking to roll out a $4 billion to $5 billion fund in October, Reuters reports. The new product, which will invest in Asia, will be the largest fund focused on the region since the global downturn. At present, the company invests in Asia from a $19.8 billion global fund and its $4.25 billion regional fund TPG Capital Partners V. Asian investments by the firm include Comtec Solar Systems Group and Wumart Stores Inc. in China, Shriram Transport Finance Co. and Lilliput Kidswear in India, and United Test & Assembly Center in Singapore.

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