Ribbit Capital and Coatue PE led a USD75m Series C for India-based fintech BharatPe. Amplo Opportunities, Grace Software Holdings, and Steadview also participated in the round. Read more… Read More
Chinese private equity firm CMC Capital Partners has reached a USD950m final close for its third US dollar-denominated fund. A combination of public pension funds, sovereign wealth funds, insurance companies, funds-of-funds, financial institutions, and endowments invested in the fund. Read more… Read More
South Korea-based early-stage VC Bass Investment has reached a KRW37.7B (approximately USD31.1m) final close for its second fund. Read more… Read More
Latin American VC KaszeK Ventures led a USD8.7m Series A for Colombian hotel chain Ayenda. Strategic investors Irelandia Aviation, Kairos, Altabix, and BWG Ventures also participated in the round. Read more… Read More
Actis has elevated Susan Wilkins, Chief Financial Officer and existing Executive Committee member, into the Partnership, and appointed Shami Nissan, Head of Responsible Investment, to join the firm’s Executive Committee. Read more… Read More
EXEO Capital’s Agri-Vie Fund I exited South African agribusiness InteliChem via a sale of its stake in the company to Masimong Group Holdings. Read more… Read More
Russia- and CIS-focused private equity firm Elbrus Capital has exited OSG Records Management via a sale of its 75% stake to Iron Mountain Inc for USD94m, over 4.5 times the original investment amount. Read more… Read More
Belarus-focused private equity fund manager Zubr Capital has acquired a minority stake in Myfin Group, a group of fintechs operating in Belarus and Russia, through its Zubr Capital Fund I. Read more… Read More
Korea-focused private equity fund manager Hahn & Company has agreed to sell its 40% stake in IT system integrator Ssangyong Information & Communications for KRW24b (approximately USD23m) to information technology system Itcen and its affiliate Comtec System. Hahn & Co. will remain a minority shareholder of… Read More
SPE Capital-backed H&S Invest (Dislog Group) has agreed to acquire 100% of Moroccan bleach manufacturer Fater Maroc from Fater Italy. Read more… Read More
(default archive template)