Asia-focused credit and special situations investment firm Clearwater Capital has announced the final close of Clearwater Capital Partners IV with US$575 million in total commitments. Clearwater raised capital from a variety of investors including corporate and state pension plans, fund of funds, endowments, foundations and family offices in the… Read More
Peru-based investment manager Macrocapitales has held a first close of US$50 million for its Fortaleza Private Equity Fund, which will invest in middle-market Peruvian companies. According to local reports, the fund is targeting US$80 million in total commitments, with the remaining capital to be raised from international investors. Read More
Hong Kong-based private equity firm Kerogen Capital has announced the final close of Kerogen Energy Fund with US$1 billion in total commitments. The fund aims to provide growth capital to junior upstream oil and gas companies focused on international emerging oil and gas basins and unconventional assets. Investors in… Read More
China-based private equity firm FountainVest Partners has held a first close for its second China-focused fund, FountainVest China Growth Capital Fund II, with more than US$1 billion in commitments. The fund, which was launched in March 2012, is targeting a fund size of US$1.25 billion. Several of FountainVest’s prior… Read More
Legend Capital, the venture capital arm of China-based investment group Legend Holdings, has invested RMB100 million (approximately US$15.8 million) in cosmetic retailer Yesa Cosmetic Group. Yesa, which carries five in-house cosmetic lines, as well as global brands, currently has 70 stores across China with plans to reach 300 by… Read More
Redpoint e.ventures, the Brazilian partnership formed by global venture capital firms Redpoint Ventures and e.ventures, has closed its maiden early-stage fund at US$130 million. The fund, which already includes five active investments, will provide seed, Series A and Series B financing to Brazil-based entrepreneurs with a focus on consumer… Read More
Malaysia-based private equity firm Navis Capital Partners has sold its 100 percent stake in Indian restaurant chain Nirula’s Corner House through a strategic sale to A2Z Excursions, an India-based hotel, travel and real estate group, for an undisclosed amount. Navis Capital Partners purchased a controlling stake in… Read More
Investment management company NBK Capital, an affiliate of the National Bank of Kuwait (NBK), has announced the acquisition of a 50 percent stake in Turkish animal pharmaceuticals distributor Bavet. The investment was made through NBK Capital Equity Partners Fund I, a private equity fund focused on the MENA region. Read More
South and Southeast Asia-focused private equity firm Creador Capital has invested US$28 million in Indonesian pay TV operator MNC Skyvision’s IPO. Creador’s investment, which includes US$13 million from a co-investor, was equal to approximately 13 percent of the US$228 million on offer. Skyvision is Creador’s second deal in Southeast… Read More
Small- and mid-cap-focused private equity fund manager Aureos Capital has invested US$10 million in Investigación Farmacológica y Biofarmacéutica (IFaB), a Mexico-based provider of outsourced research and development services to the pharmaceutical and biotechnology sectors, via the Aureos Latin America Fund (ALAF). IFaB will use the proceeds to purchase new… Read More
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