EM PE Review – Volume VIII, Issue 1

Industry Data EMPEA Industry Statistics EM PE Performance Notable Exits & IPOs Viewpoint from EMPEA president and CEO Sarah Alexander Fundraising for emerging markets private equity grew by 64% last year, reaching a 3-year high of US$38.5 billion and accounting for… Read More

Accel Partners Invests US$2.8 Million in Cloud Firm Enterprise Nube (Asia)

India-based cloud services company Enterprise Nube Services has raised INR150 million (approximately US$2.8 million) from global venture capital firm Accel Partners. As part of the transaction, Mahendran Balachandran, a Partner at Accel, will join the board of Enterprise Nube. Accel Partners’ recent investments in the country include e-commerce startup… Read More

EMPEA Insight: Turkey (March 2012)

Turkey’s unique geographic location has long been one of its defining characteristics: a country positioned at the nexus of civilizations and trade routes. While its recent history has been one of macroeconomic volatility, today, Turkey is widely perceived as an island of stability standing between two regions facing immense… Read More

PVG Venture Capital Buys 3 Percent of CMGE (Asia)

PVG Venture Capital Partners, an affiliate of Taiwanese venture capital management firm Pacific Venture Group, has acquired a 3.3 percent stake in China Mobile Games and Entertainment (CMGE), a mobile games developer and subsidiary of Hong Kong-listed internet video broadcasting company VODone Limited. Financial terms of the transaction were… Read More

New York Life Cuts Stake in CEBBCO (Asia)

New York Life Investment Management India Fund, advised by Jacob Ballas Capital India Private Limited, has sold an approximate 2.77 percent stake of its holding in Commercial Engineers & Body Builders Co. (CEBBCO), an Indian producer of vehicle and locomotive bodies, for an estimated US$1.8 million. Jacob Ballas Capital… Read More

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