Central and Eastern Europe-focused private equity firm Jet Investment has raised CZK4 billion (approximately US$176 million) for Jet 2 from more than 160 private investors, family investment companies and financial institutions including banks, insurance companies and international asset managers. The fund will focus on acquiring majority stakes in small and… Read More
Global impact investing firm Capria has reached a first close for Capria Fund, a “network fund” that will make commitments to Capria-affiliated fund managers investing in early-growth businesses in Africa, Asia and Latin America. Vulcan Capital, the investment arm of late Microsoft co-founder Paul Allen, committed US$20 million to the… Read More
Global private equity fund manager Warburg Pincus has invested US$181 million in China-based rental accommodation provider Weave Co-Living with the option to increase its commitment to US$413.5 million. Weave, which targets millennials and young professionals, plans to use the new capital to grow its portfolio in gateway cities across the… Read More
Pakistan-focused venture capital firm Sarmayacar has reached a first close for its debut seed- and early-stage fund with US$30 million in capital commitments. The fund will invest between US$100,000 and US$2 million in technology companies, as well as those employing technology-enabled business models. Read More
Darby Private Equity, the private equity and mezzanine arm of Franklin Templeton Investments, has provided up to US$30 million in long-term debt financing to the Peru-based subsidiary of Abengoa, a Spain-listed infrastructure developer. Darby invested through Darby Latin American Private Debt Fund III. Abengoa Peru plans to use the funding… Read More
Real estate-focused emerging markets investment firm Jaguar Growth Partners has acquired a minority stake in Brazil-based industrial real estate company Bresco through Jaguar Real Estate Partners II. Bresco seeks to grow its property portfolio and invest more than US$500 million over the next few years. Jaguar plans to support Bresco’s… Read More
Emerging markets-focused alternative asset manager The Rohatyn Group (TRG) has agreed to sell South Korean fried chicken restaurant franchisor BHC Group back to its founder in a transaction that reportedly values the company at KRW600 billion (approximately US$536 million). NH Investment & Securities is providing debt financing to facilitate the… Read More
India-focused alternative investment fund manager Motilal Oswal Private Equity has reached a final close for India Business Excellence Fund III with more than INR23 billion (approximately US$320 million) in capital commitments, 75 percent of which came from domestic investors. Investors in the fund include domestic and global institutions, family offices,… Read More
Latin America-focused early-stage venture capital firm monashees has reached a final close for its eighth fund with US$150 million in capital commitments. Investors in monashees VIII include Brandywine Trust Group, S-Cubed Capital, Temasek Holdings, CreditEase, IDG , Instagram co-founder Mike Krieger, Horsley Bridge Partners and the University of Minnesota, as… Read More
The Rise Fund, TPG’s global impact investing fund, has led a Series C round of almost CNY1 billion (approximately US$145 million) for China-based rural lender CFPA Microfinance Management. Ant Financial, China Foundation for Poverty Alleviation, IFC, Sequoia Capital, High Impact Capital Advisors and Renda Puhui also participated in the round. Read More
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