China-focused private equity firm ClearVue Partners led a USD30m Series C extension for China-based smart car wash company 1km. PICC Capital Equity Investment and Centurium Capital led the first two tranches of the Series C, bringing the total funding raised to date to USD84m. Read more… Read More
China’s CDH Venture and Growth Capital has reached a USD324m first close for its second RMB-denominated fund and an approximately USD500m final close for its second USD-denominated fund. Both vehicles will target investments in the health care, industry and consumer innovations, as well as AI and advanced technology… Read More
International Finance Corporation has agreed to invest USD26m in L Catterton Latin America Fund III. The vehicle will target small to mid-sized companies in the consumer sector in Latin America, with an eye to women-led businesses. Of the USD26m invested by IFC, USD1m was provided by the Women… Read More
Portugal-based VC Indico Capital Partners has invested BRL16.5m (approximately USD2.8m) in Brazil-based online therapy and wellness platform Zenklub. Read more… Read More
China-focused investment firm Jeneration Capital Management led a USD80m Series E for Chinese fitness app Keep, with follow-on from GGV Capital, Tencent, Morningside VC, and Bertelsmann Asia Investments. Read more… Read More
North Asia-focused private equity fund manager MBK Partners has reached a USD6.5b final close for its fifth buyout fund. The vehicle will target the consumer, retail, financial services, telecommunications, and media sectors in China, South Korea, and Japan. Over 80 LPs reportedly subscribed to the fund, including Teachers’… Read More
AMP Capital and Stonepeak Infrastructure Partners have provided USD145m in mezzanine financing to support the acquisition of Taiwan-based offshore wind farm developer Swancor Renewable Energy. The investment will fund the construction of Formosa II, a 376 MW offshore wind farm. Read more… Read More
German development finance institution DEG has agreed to provide a USD12m long-term loan to Myanmar-based hospital operator Asia Royal Company to support the modernization and expansion of its Yangon-based hospital. Read more… Read More
Dutch development finance institution FMO has invested EUR12.5m (approximately USD13.5m) in African microfinance group Compagnie Financiere Africaine (COFINA) via two transactions: a EUR7.5m (approximately USD8.1m) investment in Cofina’s subsidiary in Senegal and a EUR5m (approximately USD5.4m) investment in Cofina Côte d’Ivoire. Read more… Read More
Central Europe-focused private equity fund manager Genesis Capital has acquired Czech Republic-based call center operator Conectart from private investment group KKCG through Genesis Private Equity Fund III (GPEF III). Read more… Read More
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