Industry Newsroom

Industry News

  • Alothon Group to Acquire Majority Stake in Elétron Energy

    Brazil-focused private equity firm Alothon Group has agreed to acquire a majority stake in Elétron Energy, a Brazil-based energy solutions provider, for more than BRL100 million (approximately USD27 million). The company will use the...Learn More

  • INVL Holds First Close for Baltic Sea Growth Fund at USD121 Million

    Baltics-focused investment manager INVL Asset Management has held a first close for INVL Baltic Sea Growth Fund with EUR106 million (approximately USD121 million) in commitments. Investors in the fund—which is anchored by the...Learn More

  • TPG Closes Asia Fund VII with USD4.6 Billion in Commitments

    Global alternative asset manager TPG has closed TPG Asia Fund VII with USD4.6 billion in capital commitments. Investors in the fund include CalPERS, Teacher Retirement System of Texas, Autorité des Marchés Financiers (AMF), New...Learn More

  • Savant Reaches First Close for First Venture Fund with Backing from SA SME Fund

    South Africa-focused technology incubator Savant has reached a first close for its debut venture fund, which will invest in technology hardware businesses. SA SME Fund, an impact-focused investment vehicle backed by 48 Johannesburg...Learn More

  • Actis to Exit Atlantic Energias Renováveis

    Growth markets investor Actis has agreed to exit Atlantic Energias Renováveis, a Brazil-based renewable energy generation and distribution company, to China General Nuclear Power Group. Actis originally invested in the company, which...Learn More

  • 3one4 Capital Reaches First Close of USD21 Million for Continuum Fund

    India-focused venture capital firm 3one4 Capital has reached a first close for its Continuum fund with INR1.5 billion (approximately USD21 million) in commitments. Investors in the firm’s third vehicle include a US-based university...Learn More

  • Promecap Acquires Credit Portfolio from Finterra for USD7 Million

    Mexico-focused private investment firm Promecap has acquired a portion of the outstanding loan portfolio of Mexico-based agricultural bank Finterra for MXN131 million (approximately USD7 million). The transaction forms part of...Learn More

  • Rivigo Raises USD36 Million from Warburg Pincus and SAIF Partners

    India-based logistics technology company Rivigo Services has secured USD36 million in a funding round led by global private equity fund manager Warburg Pincus. India-focused venture capital firm SAIF Partners also participated in the...Learn More

  • Blackstone Group to Exit Black Rhino

    Global alternative asset manager Blackstone Group has agreed to exit South Africa-based energy infrastructure project developer Black Rhino Group to the company’s management team. In addition, Blackstone has sold the rights to...Learn More

  • L Catterton Invests in Femme and Grupo MYT

    L Catterton has agreed to invest in Brazil-based women’s health care provider Femme – Laboratório da Mulher. The company, which offers various diagnostic and clinical services at six laboratories in Brazil, plans to partner with...Learn More