Capital International Private Equity Funds (CIPEF), a U.S.-based emerging market fund manager, has announced the final close of Capital International Private Equity Fund VI (CIPEF VI) at its hard cap of US$3 billion. Citing EMPEA data, CIPEF declared Fund VI the largest global emerging markets private equity fund to… Read More
ChrysCapital, an India-focused investment manager based in Mauritius, has announced the final close of its sixth fund on US$510 million. ChrysCapital VI, which received commitments from around 30 LPs including Harvard Management Company and Stanford Management Company, will target growth capital investments in India with ticket sizes from US$20… Read More
The African Agriculture Fund (AAF), managed by Phatisa, has concluded an agreement to make a total investment of US$ 24 million in Golden Lay Limited, a company involved in the production, distribution and sale of chicken table eggs – located in the Copperbelt Province of Zambia. The deal team… Read More
SunSun Lighting, a China-based LED lighting manufacturer, has raised US$30 million in a Series B round led by Oak Investment Partners, a U.S.-based multi-stage venture capital firm, and GSR Ventures of China, which was the sole investor in SunSun’s US$10 million Series A round. SunSun Lighting plans to use… Read More
The European Bank for Reconstruction and Development (EBRD) and ADM Capital, a Hong Kong-based private equity fund investing in recovery and special situations in emerging markets, have provided a EUR60 million (US$78 million) financing package for Prista Oil Group BV, a Bulgaria-based producer of car lubricants and batteries. The… Read More
Pegasus Capital Advisors, a U.S.-based private equity fund manager, has partnered with management to complete a buyout and recapitalization of Pure Biofuels del Peru. The firm will use the growth capital provided by management and Pegasus, along with a simultaneously agreed working capital facility, to expand its biofuel storage… Read More
Brazilian investment bank BTG Pactual has announced its intention to launch an Africa-focused private equity fund to attract Brazilians to invest in Africa. The initial value of the fund will be US$1 billion, and it will also be open to non-Brazilian investors. … Read More
The Aureos Southern African Fund (ASAF) has sold its stake in South African brick and clinker aggregate manufacturing group SA Block (Pty) Ltd. ASAF is managed by Aureos Southern Africa Managers Ltd, a subsidiary of Aureos Capital, a private equity fund manager focused on small and mid-cap companies in… Read More
Ethos Private Equity, a fund manager based in South Africa, has invested ZAR100 million (approximately US$13 million) in Transaction Capital, a financial services company focusing on under-served communities in South Africa. This injection of capital is a follow-on to Ethos’ 2005 investment in ATM Solutions, a core business of… Read More
Karaikal Port Private Limited, a subsidiary of Chennai-headquartered infrastructure company MARG Limited, has announced that Jacob Ballas Capital India has invested INR2 billion (approximately US$39 million) for a minority stake in the company. The investment, which came from the NYLIM Jacob Ballas India III fund, will be used for… Read More
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