Horizon Capital, a private equity fund manager focused on investments in mid-cap companies in Ukraine and the neighboring region, has acquired a minority stake in Ukraine-based biscuit producer Yarych. With Horizon’s support, Yarych plans to expand production in order to increase its presence in Ukraine and abroad. Financial details of… Read More
SIX Swiss Exchange-listed market expansion services provider DKSH has sold its Chinese health care business to global private equity fund manager Warburg Pincus for CHF100 million (approximately US$100 million). The transaction, which has fulfilled all necessary closing conditions and obtained the relevant regulatory approvals, includes DKSH’s pharmaceutical, consumer health and… Read More
Latin America-focused private equity fund manager Linzor Capital Partners has sold a 30 percent stake in Mexico-based Universidad Tecnológica Latinoamericana (UTEL) to Australian Stock Exchange-listed online training and employment services company Seek for US$20.5 million. UTEL offers online higher education services, with doctoral, masters, bachelor and high-school programs. Read More
Singapore-based property technology company PropertyGuru Group has raised an SGD200 million (approximately US$145 million) Series D funding round from global alternative asset manager KKR. Southeast Asia-focused PropertyGuru has portals across Singapore, Malaysia, Thailand, Indonesia and Vietnam. KKR’s investment through KKR Asian Fund III allows for the full consolidation of Vietnamese… Read More
Central and Eastern Europe-focused private equity firm Jet Investment has raised CZK4 billion (approximately US$176 million) for Jet 2 from more than 160 private investors, family investment companies and financial institutions including banks, insurance companies and international asset managers. The fund will focus on acquiring majority stakes in small and… Read More
Impact investment fund manager Equator Capital Partners has invested in pan-African fintech company MFS Africa through ShoreCap III. MFS Africa offers merchants, banks, mobile operators and money transfer companies access to over 170 million mobile wallets through its digital payments hub. Financial details of the transaction were not disclosed. Read More
Real estate investment and development company LatAm Logistic Properties (LLP) has raised US$77 million in new funding arranged by real estate-focused emerging markets investment firm Jaguar Growth Partners. The transaction was structured as a co-investment from new and existing institutional investors. LLP operates Class A warehouse and logistics facilities in… Read More
Darby Private Equity, the private equity and mezzanine arm of Franklin Templeton Investments, has reached a final close for Darby Latin American Private Debt Fund III, reaching its hard cap of US$300 million. Institutional investors from Europe, Asia, the United States and Latin America committed to the fund. The fund… Read More
Real estate-focused private equity fund manager Gaw Capital Partners has reached a first close for Gateway Real Estate Fund VI with US$1.3 billion in capital commitments and raised a further US$650 million for co-investment opportunities. Approximately 50 percent of the new fund will be invested in Greater China while the… Read More
West Africa-focused private investment fund manager Injaro Investments has invested in Côte d’Ivoire-based soap manufacturer Novafrique Industries. The company plans to partner with Injaro to optimize utilization of its current facilities and improve profitability. Financial details of the transaction were not disclosed. Read More
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