India-focused private equity fund manager Gaja Capital has invested INR750 million (approximately US$10 million) in India-based KOOH Sports. The company provides various youth sports development and talent scouting programs in India and the United Arab Emirates. Gaja plans to integrate KOOH into its existing sports management portfolio company SportzVillage. Read More
Africa-focused private equity fund manager Phatisa has reached a first close for Phatisa Food Fund 2 with approximately US$122 million in capital commitments. Phatisa will continue to focus on investment opportunities in farm mechanization, agricultural inputs, poultry and meat production, food processing, logistics and food distribution across Sub-Saharan Africa. The… Read More
Global multi-strategy private equity firm Siguler Guff & Company has raised US$309 million for Siguler Guff Brazil Special Situations Fund. Investors in the fund include the University of Michigan Regents, which committed US$100 million. The fund will invest in legal claims against Brazilian government entities. Read More
Impact Investment Exchange (IIX), an Asia-focused impact investment firm, has led a Series A round of US$1.66 million for Bangladesh-based off-grid solar energy company SOLshare. Portugal-based power company Energias de Portugal and Innogy New Ventures, the venture capital arm of Germany-based utility company Innogy, also participated in the funding round. Read More
Horizon Capital, a private equity fund manager focused on investments in mid-cap companies in Ukraine and the neighboring region, has agreed to acquire a minority stake in Ukraine-based software developer and information technology services provider Intellias. The company plans to use the funding to open new delivery hubs in Ukraine,… Read More
Arco Educação, a Brazil-based company providing curriculum, teacher training and consulting services to educational institutions, has raised US$194 million via its initial public offering on Nasdaq. The company, which is backed by global growth equity firm General Atlantic, sold approximately 11.1 million shares at a price of US$17.50 per share… Read More
Emerging markets specialist private equity fund manager LeapFrog Investments has invested in Pyramid Group, a Tanzania-based medical equipment and pharmaceuticals distributor serving customers across Sub-Saharan Africa. Through the new partnership with LeapFrog, Pyramid intends to expand its distribution network across the region, optimize internal operations and introduce new product lines,… Read More
Impact North, a joint venture between global growth markets investor Actis and South Africa-based real estate investment firm Improvon Group, have reportedly launched the Nairobi Gate Industrial Park. The 103-acre development, which will require investment of KES11 billion (approximately US$108 million), will comprise warehousing facilities for use in the industrial… Read More
Viomi Technology, a China-based manufacturer of internet of things-enabled smart home appliances, has raised US$103 million via its initial public offering on Nasdaq. The company sold 11.4 million American Depositary Shares (ADS) at a price of US$9 per ADS. Viomi was previously backed by Sequoia Capital, Shunwei Capital Partners and… Read More
Global alternative investment manager KKR has agreed to exit part of its stake in United Group, a Netherlands-based telecommunications company serving Southeast Europe, to international investment firm BC Partners. The deal, which is subject to regulatory approvals, reportedly values the company at EUR2.6 billion (approximately US$3.1 billion) including debt. KKR… Read More
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