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KKR and 5Y Capital Lead ~USD156m Series C for China’s Moody
KKR and 5Y Capital led a CNY1b (~USD156m) Series C for China-based contact lens brand Moody, with follow-on from Source Code Capital. Read More
CCP Investments and Ontario’s Teachers Invest Combined ~USD407m in India’s National Highways Infra Trust
CPP Investments and Ontario Teachers’ Pension Plan Board acquired a 25% stake each in National Highways Infra Trust, an infrastructure investment trust sponsored by the National Highways Authority of India, for a reported ~USD207m and ~USD200m, respectively. The National Highways Infra Trust has been set up to acquire brownfield toll roads in India. Read more here and h Read More
CDC Group, Finnfund, Norfund and New Forests Propose USD500m Partnership for Sustainable Forestry in Sub-Saharan Africa
CDC Group, Finnfund, Norfund and New Forests announced a proposed USD500m partnership to develop investment strategies designed to scale and transform the sustainable forestry sector in sub-Saharan Africa. Read More
Sequoia Leads USD39m Series B for Chile’s Fintual
Sequoia led a USD39m Series B for Fintual, a Chilean robo-advisor and asset management platform. Read More
DNA Capital Leads ~USD20m Round Extension for Brazil’s Memed
DNA Capital, Temasek and Fit Participações led a ~USD20m round extension for Memed, a Brazil-based provider of digital drug prescriptions. Read More
Unison Capital Acquires 35% Stake in South Korea’s Terarosa for ~USD60m
Unison Capital invested KRW70b (~USD60m) for a 35% stake in South Korea-based specialty coffee brand Terarosa. Read More
FTX Leads USD150m Series C+ for Africa’s Chipper Cash
FTX led a USD150m Series C extension for African cross-border payments company Chipper Cash, with follow-on from SVB Capital, Deciens Capital, Ribbit Capital, Bezos Expeditions, One Way Ventures and Tribe Capital, at a reported USD2b+ valuation. Read More
Warburg, Insight Partners and Bow Wave Lead USD300m Round for Philippines’ Mynt
Warburg Pincus, Insight Partners and Bow Wave Capital led a USD300m round for Mynt, a digital financial solutions provider based in the Philippines, with participation from Itai Tsiddon, Amplo Ventures, Globe and Ayala at a reported USD2b valuation. Read More
3H Healthcare Investment Reaches USD330m Final Close for China Biotech Fund
3H Healthcare Investment reached a USD330m final close for its second USD-denominated fund. The firm focuses on early-stage biotech and medical devices investments in China. Read More
Ameba Capital Reaches USD265m Final Close for China SaaS Fund
Ameba Capital reached a USD256m final close for its first USD-denominated fund targeting early- and venture growth-stage SaaS investments in China. Read More
BPEA to Acquire Hong Kong’s Tricor from Permira
BPEA agreed to acquire Tricor Group, a provider of integrated business, corporate and investor services based in Hong Kong, from Permira in a deal valuing the company at a reported USD2.76b. The transaction is expected to close in 1H 2022. Read More
BlackRock Reaches USD673m Final Close for EM Climate Infrastructure Fund
BlackRock reached a USD673m final close for Climate Finance Partnership, a blended finance vehicle targeting climate infrastructure investments across emerging markets. Read More