GPCA covers the latest fund, investment and industry news across our markets in two newsletters: NewsWatch is a weekly round-up of key transactions across asset classes; the Global Tech Brief is a bi-weekly review of tech transactions and innovations with cross-border applications. Subscribe in the left-hand sidebar.
Access past editions of NewsWatch here.
Kotak and ADIA To Invest ~USD240m in India’s Prestige Estates
Kotak Alternate Asset Managers and Abu Dhabi Investment Authority agreed to invest INR20b (~USD240m) in India-based real estate developer Prestige Group. Read More
DPI, BII and EBRD To Exit Africa’s KELIX bio
DPI, BII and EBRD agreed to fully exit KELIX bio, a pan-African pharmaceutical platform, via a sale to Mubadala. Read More
Actis To Sell South Africa’s Octotel to AIIM-led Consortium
Actis agreed to sell Octotel, a South Africa-based fiber network operator, to a consortium led by African Infrastructure Investment Managers. Read More
Adenia Partners To Acquire 12 Air Liquide’s Subsidiaries in Africa
Adenia Partners agreed to acquire 12 Africa-based subsidiaries of Air Liquide, an industrial and medical gas supplier. Read More
Foursan Group Acquires 33% Stake in Jordan’s Medjool Village
Foursan Group acquired a 33% stake in Medjool Village, a Jordan-based Medjool dates supplier. Read More
KKR To Invest USD400m in Philippines’ Pinnacle Towers
KKR agreed to invest USD400m in Pinnacle Towers, a Philippines-based independent telecom tower operator. KKR first invested in the company in 2020. Read More
MPower Partners Leads USD10.2m Series B1 for Indonesia’s Rukita
MPower Partners led a USD10.2m Series B1 for Rukita, an Indonesia-based move-in-ready apartment rental platform, with participation from Openspace Ventures, Golden Gate Ventures, BNI Ventures, Jeremy Lin and others. Read More
Innova Capital Acquires Minority Stake in Poland’s CloudFerro
Innova Capital acquired a minority stake in CloudFerro, a Poland-based cloud services provider for the European space sector. Read More
Triple P Capital To Raise for USD200m Climate Fund II
Triple P Capital agreed to raise USD200m for its second fund focusing on the climate sector, specifically climate adaptation and resilience in Southeast Asia. Read More
Aruwa Capital and Newton Partners Lead USD3m Pre-Series A for Nigeria’s MDaas Global
Aruwa Capital and Newton Partners led a USD3m pre-Series A for MDaas Global, a Nigeria-based tech-enabled diagnostics center operator. Read More
Actis Exits 75% Stake in Indonesia’s SIS Group to Adivira Capital
Actis exited its 75% stake in SIS Group, an Indonesia-based private school chain operating in Indonesia, India, South Korea and Myanmar, via a sale to Adivira Capital. Read More
ADB Ventures To Raise USD200m for Asia Climate Fund
ADB Ventures agreed to raise USD200m for its climate fund, focusing on Series A and pre-Series A startups in Asia. Read More