Shoreline Capital, a fund manager focused on distressed debt and special situation investments in China, has reached a US$500 million final close for Shoreline China Value III, as well as a first close for its associated overflow fund at US$115 million. At the time of its final close, about half… Read More
Global venture capital firm New Enterprise Associates has led an US$11 million Series A investment round in United Arab Emirates-based Fetchr, a mobile app that uses mobile phone location data to ship packages between locations without addresses. Investment firms Delta Partners and Dhabi Holdings, consultancy Roland Berger and venture capital… Read More
Healthcare-focused private equity fund manager Quadria Capital has reached a final close for Quadria Capital Fund with US$304 million in capital commitments. Investors in the fund included development finance institutions Overseas Private Investment Corporation and International Finance Corporation, as well as India-based asset management company Religare Global Asset Management. The South- and… Read More
Singapore-based online property company PropertyGuru Group has announced a SGD175 million (approximately US$129 million) investment from a consortium of three investors: global private investment firm TPG, venture capital firm Square Peg Capital and Indonesia-based media company Emtek Group. The investment will support PropertyGuru’s innovation, marketing and further expansion in Southeast… Read More
American Capital Energy & Infrastructure (ACEI), an investor in global energy infrastructure assets, has committed to invest an estimated EUR76 million (approximately US$84 million) in a wind power project in Senegal. The total cost of the project is estimated to be EUR305 million (approximately US$339 million), with undisclosed senior debt… Read More
Asia-focused private equity firm RRJ Capital has led a US$250 million investment in China-based logistics property developer and service provider China Logistics Property Holdings (CNLP). The investor consortium included additional undisclosed investors from Singapore, Europe, the United States and Canada. CNLP will use the investment to expand its network of… Read More
International Housing Solutions (IHS), an investment firm focused on residential housing, has invested in Ravenswood, a South Africa-based 188 unit residential rental development in the suburbs of Johannesburg. The investment was structured through IHS Fund II. Financial details of the transaction were not disclosed. Read More
China-focused growth capital fund manager China New Enterprise Investment (CNEI) has invested US$6.5 million in Zhanjiang Newpro Foods, a China-based prawn farming and processing company. Newpro sells larvae and baby prawns to cultivators and farmers in China and processed prawn products to distributors and wholesalers in both export and domestic… Read More
Southeast Asia-focused private equity firm Navis Capital Partners has agreed to buy a majority stake in Singapore-based Imperial Treasure Restaurant Group, which operates a chain of restaurants under the Super Peking Duck brand. The deal is reportedly valued at SGD60 million (approximately US$45 million) to SGD80 million (approximately US$59 million). Read More
Singapore-based energy efficiency services company Barghest Building Performance (BBP) has received a mezzanine investment from Emerging Asia-focused private equity investment firm Tembusu Partners. The investment was structured though Tembusu Growth GIP Fund III. BBP intends to use the investment to grow its client base across more sectors in Singapore and… Read More
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