Industry Newsroom

EMPEA News

  • Airtel Africa Raises USD755 Million in IPO

    Airtel Africa, an operator of telecoms and mobile banking services throughout Africa, has raised GBP595 million (approximately USD755 million) in its initial public offering. The company sold 705 million shares on the London Stock...Learn More

  • Affirma Invests in Tirupati Medicare, Exits Loc Troi Group and Topaz Energy & Marine

    Emerging markets-focused private equity fund manager Affirma Capital has invested approximately USD40 million in Tirupati Medicare, an India-based developer and manufacturer of nutraceutical and pharmaceutical products. Tirupati plans...Learn More

  • Encourage Capital Reaches USD40 Million First Close for Encourage Solar Finance

    Global impacting investing firm Encourage Capital has reached a first close for Encourage Solar Finance with USD40 million in capital commitments. Investors in the fund include KfW, Capricorn Investment Group, the John D. and...Learn More

  • Riverstone, Southern Cross, and Vista Oil & Gas Commit USD205 Million to Establish Aleph Midstream

    Alternative asset managers Riverstone Holdings and Southern Cross Group (SCG), Mexico-listed Vista Oil & Gas, and individual investors have agreed to invest USD205 million to establish Aleph Midstream, an Argentina-based...Learn More

  • SPE Capital Partners Invests USD26 Million in Dislog Group

    Africa- and Middle East-focused private equity firm SPE Capital Partners has invested MAD240 million (approximately USD25 million) in H&S Invest Holding, which operates Morocco-based logistics company Dislog Group. The company,...Learn More

  • Warburg Pincus Reaches USD4.3 Billion Final Close for Second Southeast Asia and China Fund

    Global private equity fund manager Warburg Pincus has reached a final close for Warburg Pincus China-Southeast Asia II with commitments of USD4.3 billion. Investors in the fund include public and private pension funds, sovereign...Learn More

  • Enterprise Investors to Exit 3S to Play Communications

    Poland-based telecom operator Play Communications has agreed to acquire a 100 percent stake in Poland-based telecom services provider 3S Group for EUR96 million (approximately USD109 million) from Central and Eastern Europe-focused...Learn More

  • Brookfield Acquires Two Wind Farms for USD72 Million

    Brookfield Asset Management, a global alternative investment manager, has reportedly acquired two wind farms from India-based renewable energy company Axis Energy Ventures for INR5 billion (approximately USD72 million). The wind farms...Learn More

  • CureFit Secures USD120 Million in Series D Funding Round

    India-based health and fitness startup CureFit Healthcare has raised USD120 million in a Series D funding round led by existing backers Chiratae Ventures, Accel, Kalaari Capital, and Oaktree Capital. New investors Epiq Capital,...Learn More

  • Baring Vostok Acquires 5 Percent Stake in Tealsy

    Russia- and CIS-focused private equity fund manager Baring Vostok Capital Partners has acquired a 5 percent stake in Tealsy, a Russia-based online grocery wholesale marketplace. Tealsy’s founder, Andrey Krivenko, also founded...Learn More