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CDPQ Leads USD70m Series B for Kenya’s Sama
CDPQ led a USD70m Series B for Kenya-based AI company Sama, with participation from First Ascent Ventures, Salesforce Ventures and Vistara Growth, and follow-on from existing investors. Read More
Fidelity Leads USD120m Round for South Africa’s JUMO
Fidelity Management & Research Company led a USD120m round for JUMO, a South African platform for building fintech products, with participation from Visa and Kingsway Capital. Read More
Mubadala Acquires Brazil’s Metrô Rio and Metrô Barra
Mubadala acquired Rio de Janeiro subway operators Metrô Rio and Metrô Barra in a deal valued at BRL1.8b (~USD335m). Read More
Temasek, Tencent, Alibaba, Genesis Capital and Tiantu Capital Invest USD500m in China’s Xiaohongshu
Temasek, Tencent, Alibaba, Genesis Capital and Tiantu Capital invested a USD500m round for China-based social e-commerce Xiaohongshu at a reported USD20b valuation. Read More
CDPQ & Cathay PE Co-Invest in Taiwan’s Greater Changhua 1 Offshore Wind Farm
Cathay Private Equity and CDPQ acquired 50% of the 605MW Greater Changhua 1 Offshore Wind Farm in Taiwan for USD2.7b. Read More
Finnfund Invests USD10m in Morocco’s CIM Santé Group
Finnfund, through its OP Finnfund Global Impact Fund I, invested USD10m for an undisclosed stake in Morocco-based healthcare group Cliniques Internationales du Maroc Group. Read More
Teachers’ Retirement System of the State of Illinois Commits USD35m to Sky9 Capital Funds
Teachers’ Retirement System of the State of Illinois committed USD25m to Sky9 Capital Fund V and USD10m to Sky9 Capital MVP Fund II. Both funds are managed by early-stage Chinese venture capital firm Sky9 Capital. Read More
ShawKwei & Partners Acquires Singapore’s CR Asia Group for USD101m
ShawKwei & Partners acquired CR Asia Group, a Singapore-based energy engineering solutions provider operating across Asia, from Joh. Mourik & Co. Holding, Arabian Pipeline & Services and others for USD101m. Read More
Castlelake Completes Sale & Leaseback of Aircraft to Colombia’s Avianca
Castlelake completed the sale and leaseback of six A330-200 freight aircraft to Colombian airline Avianca with a 10-year lease term. Read More
KKR Invests USD2b in South Korea’s SK E&S
KKR invested KRW2.4t (USD2b) in SK E&S, a subsidiary of South Korea-based SK Holdings which is responsible for operating LNG power plants as well as other renewable energy power assets. Read More
InfraCo Africa and Helios to Establish USD350m Climate-Focused Fund for Africa
InfraCo Africa and Helios Investment Partners have joined forces to establish a pan-African investment vehicle: Climate, Energy Access and Resilience (CLEAR). The fund, which has an initial target size of USD350m, will focus on climate-aligned infrastructure and growth businesses. Read More
Rage Capital and BTG Pactual Lead ~USD60m Series C for Brazil’sFazenda Futuro
Rage Capital and BTG Pactual led a ~USD60m Series C for Brazil-based footech Fazenda Futuro, with participation from XP and follow-on from monashees, Go4It Capital, MFO Turim and Enfini Ventures at a reported USD400m valuation. Read More