CPP Investments committed USD1.6b to six private equity funds: USD200m to Clearlake Capital Partners VII; USD325m to Anchor Equity Partners Fund IV; USD600m to Baring Asia Private Equity Fund VIII; USD350m to Carlyle Partners VIII; USD100m to Kainos Partners III; and USD57m to Summa Equity Fund III. Read more… Read More
Climate Fund Managers reached a USD675m first close for Climate Investor Two. The fund has a target size of USD1b and will focus on investments in sustainable infrastructure in climate change adaptation sectors across emerging markets. Read more… Read More
General Atlantic reached a USD7.8b final close of its sixth flagship fund, surpassing the fund’s initial target of USD5b. The firm invests in technology-enabled companies globally across the consumer, financial services, healthcare, life sciences and technology sectors. Read more… Read More
IFC agreed to invest USD100m in digital infrastructure assets managed by DigitalBridge, a global digital infrastructure investment firm. These include Scala, a Brazilian data center operator; EdgePoint, a tower investment platform with operations in Indonesia and Malaysia; and Highline, a Brazilian independent provider of wireless communications infrastructure and tower operator. Read More
Based on GPCA’s newly developed taxonomy of climate-dedicated businesses, the 2021 Climate Data Insight covers climate-focused private capital activity in Asia, Latin America, Africa, Central & Eastern Europe and the Middle East. GPC markets represent an outsized opportunity for climate-focused investors due to growing unmet energy demand, structural inefficiencies and… Read More
BlackRock reached a USD673m final close for Climate Finance Partnership, a blended finance vehicle targeting climate infrastructure investments across emerging markets. Read more… Read More
Inspired Evolution, through its Evolution II Fund, led a USD15m round for d.light, a US-headquartered solar energy company with operations in Africa and Asia, with participation from FMO, Norfund, Swedfund, Shell New Energies and KawiSafi Ventures. Read more… Read More
Emerging markets-focused digital lender Tala raised a USD145m Series E led by Upstart, with participation from The Stellar Development Foundation’s Enterprise Fund and angel investors. Existing investors IVP, Revolution Growth and Lowercase Capital followed on. Read more… Read More
Actis reached a USD4.7b final close for its Actis Energy 5, with an additional USD1.3b in capital for co-investments, exceeding the fund’s USD4b target. The vehicle will invest in power-generation projects globally, with a focus on emerging markets. Read more… Read More
Emerging market fintech credit provider Lendable reached a USD49m first close for its Lendable MSME Fintech Credit Fund. The vehicle, which has an initial target size of USD100m, will provide credit to African and Asian fintech companies that offer credit facilities and financial services to MSMEs. DFC, DFAT, Calvert, Ceniarth,… Read More
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