Aqua Capital, an agribusiness private equity firm focused on control investments in South America, has reached a final close for Aqua Capital Agribusiness Fund II at its hard cap with US$370 million in capital commitments. Investors in the fund include endowments, foundations, funds of funds, asset managers, pension funds, family… Read More
Samena Capital, a principal investment group focused on the Indian subcontinent, the Middle East and North Africa, has completed its first deal in Myanmar by investing US$19 million in tourism platform SM Asset Holdings through Samena Special Situations Fund III. The company plans to use the new capital to acquire… Read More
Global private investment firm TPG has agreed to acquire a controlling stake in Vietnam-based private education group Vietnam Australia International School (VAS), providing an exit for Vietnam-focused private equity firm Mekong Capital and Denmark-based asset management firm Maj Invest. VAS currently operates seven campuses in Ho Chi Minh City and… Read More
Global private equity firm Warburg Pincus has invested INR5 billion (approximately US$77 million) in India-based jewelry retailer Kalyan Jewellers. The company operates 106 outlets in South Asia and the Middle East and plans to use the funds to expand its geographic presence and develop an e-commerce segment. Warburg previously invested… Read More
Pan-emerging markets private equity fund manager Capital Group Private Markets has acquired a 3 percent stake in India-based Intas Pharmaceuticals from India-focused private equity firm ChrysCapital for a reported US$107 million. ChrysCapital, which will retain a 3 percent stake in the company, originally invested in Intas in 2006 through ChrysCapital… Read More
Global investment firm KKR has agreed to invest US$250 million in Vietnam-based Masan Group, a diversified industrial group with business lines in food and beverage, financial services and natural resources. The transaction includes US$100 million to purchase shares in Masan Group owned by Vietnam-focused private equity firm PENM Partners and… Read More
India-focused private equity firm Gaja Capital Partners has partially exited India-based educational services and skills training company CL Educate via the company’s IPO on the Bombay Stock Exchange and National Stock Exchange, which raised INR2.4 billion (approximately US$37 million) at an offer price of INR502 (approximately US$7.73) per share. Gaja… Read More
China-focused venture capital firm Morningside Venture Capital has reached a final close for its first RMB fund with CNY1 billion (approximately US$145 million) in capital commitments. Investors in the fund include Gopher Asset Management, CICC Qiyuan National New Industry Venture Capital Guidance Fund, Suzhou Guochuang Kaiyuan Fund, Huatai Merchants Capital… Read More
Global growth markets investor Actis has acquired a 44.4 percent stake in Malaysia-listed payments company GHL Systems for a reported MYR290 million (approximately US$66 million) from South- and Southeast Asia-focused private equity firm Creador and Simon Loh, executive vice-chairman of GHL. Actis also extended a mandatory takeover offer for the… Read More
True North, an India-focused private equity firm formerly known as India Value Fund Advisors, has agreed to invest US$200 million for a 40 percent stake in India-based hospital chain Kerala Institute of Medical Services (KIMS). The deal will provide an exit to India-focused private equity firm Ascent Capital and health… Read More
(default archive template)