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
South Africa-based private equity group RMB Corvest and South African investment holding company Zico Capital have jointly purchased a 25 percent stake in Nigerian food company Vital Products. The value of the transaction is not disclosed. Vital began operations in 1999 as a manufacturer and distributor of fruit drinks… Read More
EMPEA’s 8th Annual Global Limited Partners Survey collected the views of 106 LPs from 28 countries around the world to better understand their changing attitudes toward private equity investing in emerging markets. This study provides EMPEA Members and the broader industry with a greater understanding of how LPs view the… Read More
Zeder Investments Limited, an agriculture-focused investment company listed on the Johannesburg Stock Exchange, has announced that it is committing US$46.7 million to acquire and expand an agricultural business that will be known as Chayton Africa. The investment coincides with Chayton Atlas Agricultural Company, currently a private equity fund, transforming… Read More
South African fund manager Ethos Private Equity has confirmed the sale of a 12.4 percent shareholding in Johannesburg Stock Exchange-listed Holdsport. The stake represented the residual portion Ethos retained following the IPO of the South African sporting, leisure and recreational goods retailer in the second half of 2011. Holdsport… Read More
Pan-emerging markets-focused private equity manager Aureos Capital has completed a US$5 million investment in Therapia Health, the holding company for The Bridge Clinic, the first assisted reproductive center in West Africa. The investment was made through Aureos’s Africa Health Fund (AHF), whose cornerstone investors include the Bill and Melinda… Read More
Industry Data EMPEA Industry Statistics EM PE Performance Notable Exits & IPOs Viewpoint from EMPEA president and CEO Sarah Alexander Fundraising for emerging markets private equity grew by 64% last year, reaching a 3-year high of US$38.5 billion and accounting for… Read More
East Africa-focused private equity fund manager InReturn Capital has collaborated with the Belgian Investment Company for Developing Countries (BIO) to invest in Reltex Tarpaulins Africa (EPZ) Ltd., a Kenya-based supplier of relief materials, including plastic sheeting, tarpaulins and buckets. The value of the investment has been reported at US$2.6… Read More
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