U.S.-based provide equity fund manager Pegasus Capital Advisors has agreed to acquire the Thailand-based luxury resort and spa business of Six Senses Resorts & Spas. The value of the investment is undisclosed. Under the terms of the transaction, Pegasus will acquire all of the Six Senses and Evason branded… Read More
Ideiasnet, a Brazilian venture capital company that invests in technology businesses, has sold its stake in software distribution company Softcorp to local systems integrator Techresult. Softcorp is one of Microsoft’s partners for systems and solutions development in Brazil. The value of the transaction was R$15 million (approximately US$8.25 million). Read More
Capital Trust Group, a firm focused on private equity, mezzanine debt and real estate investments in the United States, Europe, the Middle East and North Africa, has purchased a 51 percent stake in Al Oyoun al Dawli Hospital, a medical center for eye surgery and treatment in Egypt. The… Read More
Private equity manager Abraaj Capital has announced an agreement to invest in Kuwait Energy, an upstream oil and gas exploration and production company with operations in Egypt, Iraq, Yemen, Oman, Ukraine, Latvia, Russia and Pakistan. The investment, which will be made through Abraaj Private Equity Fund IV (APEV IV),… Read More
Egeli & Co. Investment Holding, part of Egeli & Co. Asset Management, a Turkey-based asset management company focused on alternative asset classes, has announced an agreement to purchase 70.04 percent of the outstanding share capital of Ak B Tipi Yatirim Ortakligi, a Turkish securities investment trust. The value of… Read More
Singapore’s sovereign wealth fund, the Government of Singapore Investment Corporation (GIC) and Baring Private Equity Partners India are jointly investing approximately US$100 million in Bombay Stock Exchange-listed consumer products company Marico. VCCircle estimates that GIC is investing roughly US$75 million for a 3.4 percent stake in the company, while… Read More
Zeder Investments Limited, an agriculture-focused investment company listed on the Johannesburg Stock Exchange, has announced that it is committing US$46.7 million to acquire and expand an agricultural business that will be known as Chayton Africa. The investment coincides with Chayton Atlas Agricultural Company, currently a private equity fund, transforming… Read More
South African fund manager Ethos Private Equity has confirmed the sale of a 12.4 percent shareholding in Johannesburg Stock Exchange-listed Holdsport. The stake represented the residual portion Ethos retained following the IPO of the South African sporting, leisure and recreational goods retailer in the second half of 2011. Holdsport… Read More
China-based alternative asset fund manager CDH Investments has invested HKD250 million (approximately US$32 million) in Hong Kong-listed jewelry manufacturer and designer Tse Sui Luen Jewellery (International) via the purchase of convertible bonds. CDH has an option to purchase additional convertible bonds worth up to HKD200 million (approximately US$26 million). Read More
Baring Vostok Capital Partners (BVCP), a private equity firm operating in Russia and the CIS, has acquired a 27 percent stake in the United Medical Group holding company, which is the parent company of the Moscow-based medical services provider European Medical Center Group of Companies (GEMC). The deal is… Read More
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