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RRJ Capital Leads a US$250 Million Investment in China Logistics Property Holdings (Asia)
Asia-focused private equity firm RRJ Capital has led a US$250 million investment in China-based logistics property developer and service provider China Logistics Property Holdings (CNLP). The investor consortium included additional undisclosed investors from Singapore, Europe, the United States and Canada. CNLP will use the investment to expand its network of logistics warehouse projects in China. RRJ Capital previously participated in… Read More
International Housing Solutions Invests in Housing Development Ravenswood (Sub-Saharan Africa)
International Housing Solutions (IHS), an investment firm focused on residential housing, has invested in Ravenswood, a South Africa-based 188 unit residential rental development in the suburbs of Johannesburg. The investment was structured through IHS Fund II. Financial details of the transaction were not disclosed. Read More
Zhanjiang Newpro Foods Receives a US$6.5 Million Funding Round from CNEI (Asia)
China-focused growth capital fund manager China New Enterprise Investment (CNEI) has invested US$6.5 million in Zhanjiang Newpro Foods, a China-based prawn farming and processing company. Newpro sells larvae and baby prawns to cultivators and farmers in China and processed prawn products to distributors and wholesalers in both export and domestic markets. CNEI first invested US$9.7 million in the company in… Read More
Navis Capital Partners to Acquire Singapore-based Imperial Treasure Restaurant Group (Asia)
Southeast Asia-focused private equity firm Navis Capital Partners has agreed to buy a majority stake in Singapore-based Imperial Treasure Restaurant Group, which operates a chain of restaurants under the Super Peking Duck brand. The deal is reportedly valued at SGD60 million (approximately US$45 million) to SGD80 million (approximately US$59 million). Imperial Treasure will use the investment to accelerate its expansion… Read More
Barghest Building Performance Secures Mezzanine Funding from Tembusu Partners (Asia)
Singapore-based energy efficiency services company Barghest Building Performance (BBP) has received a mezzanine investment from Emerging Asia-focused private equity investment firm Tembusu Partners. The investment was structured though Tembusu Growth GIP Fund III. BBP intends to use the investment to grow its client base across more sectors in Singapore and the surrounding region. Financial details of the transaction were not… Read More
ACON Investments Acquires Packaging Companies in Peru and Colombia (Latin America)
United States- and Latin America-focused international private equity investment firm ACON Investments has acquired Intecplast, a Colombia-based rigid plastic packaging manufacturer focused on personal care, cosmetics and pharmaceuticals, and Pieriplast, a Peru-based supplier of luxury packaging solutions for the direct sales cosmetics industry in the Andean Region. Intecplast and Pieriplast will be consolidated to form Amfora Packaging, a new holding… Read More
IFC, AMC and Bertelsmann Back Corporate Training Company Affero Lab (Latin America)
International Finance Corporation (IFC), a development finance institution, IFC Asset Management Company (AMC), a wholly-owned subsidiary of IFC, and Bertelsmann, a global media, services and education company, have invested in Brazil-based corporate training company Affero Lab. AMC’s investment was structured though IFC African, Latin American, and Caribbean Fund. Post-transaction, Bertelsmann will hold more than 40 percent of the company, while… Read More
IDG Ventures India Participates in a Funding Round for Uniphore Software Systems (Asia)
Uniphore Software Systems, an India-based speech recognition solutions company, has received a round of funding from venture capital firm IDG Ventures India and YourNest Angel Fund, an India-focused early stage fund. Uniphore will use the investment to scale its technology development efforts and expand into new global markets. Financial details of the transaction were not disclosed. Read More
Warburg Pincus Invests in Ecom Express (Asia)
Global private equity firm Warburg Pincus has invested more than INR8.5 billion (approximately US$133 million) in India-based e-commerce logistics company Ecom Express. Ecom Express will use the new investment to grow its operations in rural areas and small towns in India, strengthen its technology and infrastructure and expand its management. Read More
Tiger Global Management Leads a US$30 Million Series B Round for Nubank (Latin America)
Nubank, a Brazil-based mobile credit card company, has raised US$30 million in a Series B round of funding led by global investment firm Tiger Global Management. Existing investors in the company—venture capital firms Sequoia Capital, Kaszek Ventures and QED Investors—also participated in the round. Nubank will use the investment to improve its platform and expand its user base. Read More
Now Open! 2015 Global Venture Capital Confidence Survey
EMPEA is pleased to support Deloitte's annual Global Venture Capital Confidence Survey. The focus of the survey is confidence levels for global investing, fundraising and capital markets. It should take no more than five minutes of your time. The survey is being taken worldwide and last year’s results provided useful insights. Multiple responses from a single firm are encouraged. The… Read More
Aspada Investment Company Invests in EM3 AgriServices (Asia)
Aspada Investment Advisors, an investment firm focused on small- and medium-sized enterprises in India, has invested INR200 million (approximately US$3.1 million) in EM3 AgriServices, an India-based farm mechanization and technology services company. The transaction was structured through Aspada Investment Company, a venture capital-focused holding company managed by Aspada Investment Advisors. EM3 intends to use the new funds to expand its… Read More