India-focused private equity fund manager InvAscent has invested INR700 (approximately USD9.7m) in India-based eye care chain Sharp Sight Group of Eye Hospitals through India Lifesciences Fund III. Read more… Read More
Ninety One, in partnership with Ethos Private Equity, has launched a ZAR10B (approximately USD600m) recovery fund aimed at mitigating the impact of COVID-19 on South African businesses. Read more… Read More
Mubadala Investment Company, ADIA, and Silver Lake have invested a combined USD2.5b in India-based telecommunications and technology company Jio Platforms, a subsidiary of Indian conglomerate Reliance Industries, joining existing investors Facebook, KKR, General Atlantic, and Vista Equity Partners. Mubadala Investment Company has invested USD1.2b for a 1.85% stake;… Read More
Advent International-backed Brazil-based educational group YDUQS has acquired Brazil-based educational group Grupo Athenas for BRL120m (approximately USD23.8m). Read more… Read More
Livonia Partners has agreed to sell its majority stake in Estonia-based modified wood producer Thermory to Estonia-based OÜ UG Investeeringud for an undisclosed amount. Read more… Read More
Brookfield Asset Management has agreed to acquire Emami Power, the solar power business of India-based conglomerate Emami Group, for an undisclosed amount. Read more… Read More
Abertis and GIC have acquired a majority stake in Mexico-based motorway operator Red de Carreteras de Occidente. The consortium acquired a 70% stake from Goldman Sachs Infrastructure Partners and an additional 2.3% stake held by local investors and pension fund managers. Read more… Read More
Janchor Partners, RA Capital Management, Hillhouse Capital, and Jiashan SDIC have invested a USD310m Series C for China-based biopharmaceutical company Everest Medicines, with participation from Decheng Capital, GT Fund, Janus Henderson Investors, Rock Springs Capital, and Octagon Investments. Existing backers CBC Group, Cormorant Asset Management, Pavilion Capital, and… Read More
The Russian Direct Investment Fund (RDIF), RTP Global, Elbrus Capital, and Baring Vostok have created a joint investment platform of up to USD200m to invest in Russian companies affected by the COVID-19 pandemic. Read more… Read More
International Finance Corporation has agreed to invest up to USD128.5m in African businesses, including a USD100m senior loan to Nigeria’s Zenith Bank; a USD11m senior loan to Tunisia’s date processor VACPA; a USD7.5m investment in Mozambique’s agribusiness Westfalia Fruto Mozambique; and a USD10m investment in Egypt’s electricity meter… Read More
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