NewsWatch is a weekly round-up of key transactions across asset classes in global markets. Subscribe here.
March 9-10, 2021
EMPEA Programming and Reports; Temasek Commits USD500m to LeapFrog; CDPQ Backs Brazilian Fiber Optic JV with USD321m; Fund Closes for OrbiMed, Asia Partners, Addor Capital, Trifecta Capital, SunFunder & Indus Valley
Boyu Capital Closes USD3.6b China Fund; TVM Capital Healthcare in USD232m Exit from UAE’s CMRC; CapSur Capital Leads USD205m Round for Brazil’s Loggi at ~USD2b Valuation
KKR Closes USD3.9b Asia Pacific Infra Fund; Yunfeng Invests USD300m in Chinese Edtech Yuanfudao; Intel, TPG Growth, EchoVC in USD85m Series B for Kenya’s Gro Intelligence
Tiger Global, SoftBank, and Alibaba in USD1.6b Series E for Chinese Edtech Zuoyebang; LGT Leads USD255m Series E for Brazilian Fintech Creditas; Mekong Closes on USD246m for Vietnam
KKR Invests USD386m in South Korean Water Treatment; Chinese Edtech Yuanfudao Secures USD2.2b Series G; Exits for Aqua, Comoé, Baring PE Asia, Innova, Abris
Gaorong Reaches USD1.15b Close for China VC Fund; Andreessen Backs Mexican Hospitality Startup in USD48m Round; Actis Backs Digital Infrastructure in South Africa
Actis Acquires 75% Stake in South Korean Data Center JV; Advent Reaches USD2b Close for LAPEF VII; BA Capital, Panlin, & Morningside VC Reach Final Closes for China Funds
Advent Exits Brazil’s Easynvest & Invests in Nubank; KKR Asian Fund IV Reaches USD11b+ First Close; Warburg Partially Exits India’s CAMS & Brazil’s Petz