Global venture capital firm General Catalyst Partners has led a US$25 million investment in Russian online travel services company Ostrovok.ru. The company intends to use the investment to fund the development of new and existing products, including a service to book hotels on partner websites. Additional participants in the… Read More
Brazil-focused private equity firm FIR Capital Partners has invested in Clube de Autores, an online book printing service based in Brazil that targets independent authors. Clube de Autores’ software connects authors with printing companies, and the company plans to also market its software for online sales and management of… Read More
Asia-focused private equity firm Navis Capital Partners has invested in Malaysian information technology services company Strateq. Navis, alongside the Strateq management team, purchased a 54.8 percent stake from Malaysian investment firm Kencana Capital Assets and also invested new growth capital into the company. Financial details of the transaction were… Read More
Moller y Pérez-Cotapos (MPC), a Chilean construction company backed by international private equity investor CVCI Private Equity, has raised approximately US$92 million through an initial public offering on the Santiago Stock Exchange. The offering totaled 105 million shares, including a primary offer from MPC and a secondary offering of… Read More
Turkey-focused private equity firm Mediterra Capital has confirmed the final closing of its first private equity fund, Mediterra Capital Partners I, with EUR164 million (approximately US$213 million) in commitments. The fund raised capital from institutional investors including development finance institutions, funds of funds and asset management companies, as well… Read More
Global investment and advisory firm Blackstone has agreed to purchase a 53 percent stake in Indian cement manufacturer Sree Jayajothi Cements for INR5.5 billion (approximately US$100 million). Blackstone will purchase at least part of the stake from Shriram EPC, an engineering and construction-focused subsidiary of Indian financial services conglomerate… Read More
Singapore-based private equity firms UOB Venture Management (UVM) and Venstar Capital, along with an undisclosed individual investor, have agreed to invest US$22.5 million in Go Marine Malaysia, a subsidiary of Singapore-based shipbuilding and chartering company Otto Marine. UVM’s Asean China Investment Fund II and UVM 2 Venture Investments, and… Read More
India-focused investment firm ChrysCapital has invested approximately US$40 million for a 4 percent stake in Indian pharmaceuticals manufacturer Ipca Laboratories. The investment was reportedly made through incremental share purchases on the Bombay Stock Exchange over the past 5 to 6 months. Ipca Laboratories manufactures drugs for domestic and international… Read More
China-focused distressed debt and special situations investment firm Shoreline Capital Management has announced the closing of its second fund, Shoreline China Value II, with US$303 million in commitments. The firm raised capital from institutional investors in North America, Europe, Asia and the Middle East. The fund has already invested… Read More
Global private equity and investment advisory firm CVC Capital Partners and Indonesian investment holding company PT Multipolar Tbk have sold nearly half of their stake in Indonesian retailer Matahari Department Store for approximately US$1.3 billion. CVC and Multipolar reportedly sold around 1.17 billion shares in the Indonesia Stock Exchange-listed… Read More
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