Chinese health care-focused private equity firm Huagai Capital has reached a USD434m final close for its third health care fund targeting investment opportunities in the biopharmaceutical, medical equipment, and health care service fields. Read more… Read More
China-focused private equity firm CDH Investments has reached a USD1.1b final close for its fifth China mezzanine fund. The vehicle will focus on real estate, special opportunities, and M&A. Read more… Read More
Dubai-based private equity firm Gateway Partners has acquired a 40% stake in the Gulf franchise of coffee and breakfast chain Tim Hortons through its Gateway Fund I. Gateway Partners reportedly paid USD50m for the holding. Read more… Read More
Legend Capital, an independent venture capital unit of China-based conglomerate Legend Holdings, led a USD13m Series C1 for India-based interactive online tutoring platform Vedantu, with participation from global impact investor Omidyar Network. Vedantu previously raised USD66m from Tiger Global and GGV Capital. Read more… Read More
Brazil-based private equity firm Ore Investments has reached a USD46m first close for its mining-focused fund Ore Mining Private Equity I FIP. Read more… Read More
Existing investors Sequoia Capital, Hillhouse Capital, and Digital Sky Technologies (DST) led a USD150m Series E for South Korea-based online grocery delivery startup Kurly. The company is reportedly now valued at USD780m. Read more… Read More
China- and US-focused venture capital fund manager Qiming Venture Partners has reached a USD1.1b final close for its Qiming Venture Partners Fund VII. The vehicle targets early-stage health care and TMT investments. Read more… Read More
SoftBank invested USD48m from its Latin America fund in Brazil-based online pet product retailer Petlove to accelerate the company’s growth to meet higher demand for online services during the social isolation mandated by Brazilian authorities. Latin American VCs KaszeK Ventures and monashees, as well as PE firm Tarpon… Read More
German development finance institution DEG has agreed to provide USD40m in financing to Kenya-based agricultural commodity trader and supply chain manager ETG Group. Read more… Read More
LGT Lightstone, the impact investing arm of global bank and alternative investment fund manager LGT, led a USD80m Series E for Brazil-based transportation startup CargoX with follow-on from Valor Capital, Goldman Sachs Growth Equity, and Farallon Capital. Read more… Read More
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