South Africa-based private equity group RMB Corvest and South African investment holding company Zico Capital have jointly purchased a 25 percent stake in Nigerian food company Vital Products. The value of the transaction is not disclosed. Vital began operations in 1999 as a manufacturer and distributor of fruit drinks… Read More
Tunisian venture capital fund manager Fidelium Finance has launched two private equity funds dedicated to small- and medium-size enterprises in the country. Fidelium Performance is a TND50 million (approximately US$33 million) fund that will invest in companies via common shares or preferred non-voting investment certificates, equity securities, convertible bonds… Read More
VTB Capital Venture Business, a Moscow-based firm focused on venture capital investments in Russia and CIS countries, has led a Series C investment into Fast Lane Ventures, a local developer and promoter of internet businesses. The transaction is valued at US$18 million. The funding will be used to develop… Read More
Enterprise Investors, a private equity and venture capital firm in Poland and Central and Eastern Europe, has invested EUR5.5 million (approximately US$6.6 million) in BLStream, a Finland-based software company focused on mobile technologies. The investment, which represents a 35 percent stake in the company, was made through the EUR100… Read More
Online language tutoring company TutorGroup (the parent company of VIPABC.com and TutorABC.com) has raised US$15 million in growth financing from Chinese venture capital firm Qiming Venture Partners. The investment will be used to fund the expansion and delivery capacity of TutorGroup services throughout China. Read More
India-focused private equity firm ChrysCapital has reportedly invested INR3 billion (approximately US$56.2 million) in pharmaceutical company Intas Pharmaceuticals, increasing its existing stake of 11.2 percent to over 15 percent. With the recent investment in place, Intas has deferred its plans to file an initial public offering and intends to… Read More
Mexico City-based WAMEX Private Equity has announced the final closing of its second growth equity fund MIF II with US$160 million in total commitments. While WAMEX raised the majority of commitments from Mexico’s pension funds, it has secured additional commitments for MIF II from institutional investors, including family offices,… Read More
Horizon Capital, a private equity fund manager focused on mid-cap companies in Ukraine, Belarus and Moldova, has acquired a minority stake in Ciklum, an information technology (IT) company based in Ukraine, through its Emerging Europe Growth Fund II (EEGF II). The deal marks Horizon Capital’s first investment in the… Read More
Global multi-asset class investment manager PineBridge Investments and Polish postal group Integer.pl Group have announced a joint investment to develop and roll-out a parcel system called EasyPack in Europe and CIS countries. Already operating in Poland and Russia, EasyPack enables the sending and collecting of packages 24 hours a… Read More
CDB Capital, the fund management arm of China Development Bank, has reportedly raised RMB9 billion (approximately US$1.4 billion) for a private equity fund of funds. The CDB Guochuang Kaiyuan Private Equity Fund of Funds is targeting RMB10 billion in total commitments. The fund is part of the Guochuang Fund… Read More
(default archive template)