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CEECAT Capital Invests in Bulgaria’s Telelink Business Services
CEECAT Capital, through its CEECAT Fund II, invested in Telelink Business Services, a Bulgaria-based IT solutions provider. Read More
AXA Investment Managers Alts Leads USD30m Series B for Nigeria’s Helium Health
AXA Investment Managers Alts led a USD30m Series B for Helium Health, a Nigeria-based SaaS platform for healthcare providers, with participation from Capria Ventures, Angaza Capital, Anne Wojcicki (23&Me) and Flatworld Partners, as well as follow-on from Global Ventures, Tencent, Ohara Pharmaceuticals, LCY Group, WTI and AAIC. Read More
Africinvest Transform Health Fund Reaches USD50m First Close for AfricInvest-backed Health Fund
Health Finance Coalition reached a USD50m first close for its Transform Health Fund managed by AfricInvest. The vehicle will focus on investing in innovative models to improve access, affordability, resilience and quality of healthcare in Africa. Read More
Openspace Ventures Leads USD5.5m Series B+ for Thailand’s Finnomena
Openspace Ventures led a USD5.5m Series B+ for Finnomena, a Thailand-based wealth management platform for investors and financial advisors, with participation from Gobi Partners, Krungsri Finnovate and Finnoventure Private Equity Trust. Read More
Warburg Pincus Invests BRL150m (~USD3.3m) in Brazil’s Superlógica
Warburg Pincus made a BRL150m (~USD30.3m) follow-on investment in Superlógica, a Brazil-based ERP for real estate brokers. Warburg Pincus first invested BRL300m (~USD60m) in 2020. Read More
L Catterton Reaches ~USD233m First Close for Latin America IV Fund
L Catterton reached a ~USD233m first close for L Catterton Latin America IV, its fourth flagship fund to invest in private equity and late-stage technology businesses in Latin America. Read More
Value4Capital Acquires Romania’s Clarfon
Value4Capital acquired Clarfon, a Romania-based hearing aid and related ENT equipment retailer. Read More
Warburg Pincus Acquires 90% Stake in India’s Vistaar Finance for USD250m
Warburg Pincus completed its buyout of a 90% stake in Vistaar Finance, an India-based non-banking financial company that lends to SMEs, for USD250m through primary and secondary investments. Warburg Pincus’ earlier press release reported exits for WestBridge Capital, Elevar Equity, Omidyar and Saama Capital. Read More
Advent International Sells 15% Stake in Poland’s InPost Group
Advent International has agreed to sell a 15% stake in InPost Group, a Poland-based automated parcel machine service provider, to PPF Group. Advent will continue to hold a 30.3% stake. Read More
IFC and IFC Emerging Asia Fund led a USD39m Series C for Indonesia’s Evermos
IFC and IFC Emerging Asia Fund led a USD39m Series C for Evermos, an Indonesia-based social commerce platform, with follow-on from Jungle Ventures, Shunwei Capital, UOB Venture Management and others. Read More
Amethis Reaches ~USD153.5m First Close for Fund III
Amethis reached a EUR140m (~USD153.5m) first close for its third fund focused on impact investments in mid-sized companies in Africa. Read More
General Atlantic, Sequoia China and Mubadala Lead USD2b Round for China’s Shein
Shein, a China-based global fashion retailer, raised a USD2b round at a reported valuation of USD66b led by General Atlantic, Sequoia China and Mubadala, with participation from Tiger Global Management and Coatue Management. Read More