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EFG Hermes Egypt Education Fund Reaches USD150m Third Close
EFG Hermes Private Equity has reached a USD150m third close for its Egypt Education Fund with a ~USD16m commitment from the Sovereign Wealth Fund of Egypt. Read More
Long Hill Reaches USD300m Final Close for China Healthcare Fund
Long Hill Capital has reached a USD300m final close for its third fund, a vehicle targeting early-stage investments in the healthcare and longevity sectors in China. Read More
KKR Acquires 20% Stake in Sempra Infrastructure Partners for USD3.37b
KKR has agreed to acquire a 20% stake in Sempra Infrastructure Partners, the new business platform of US-based energy infrastructure company Sempra Energy, for USD3.37b. Under the terms of the deal, KKR will acquire Sempra Energy’s indirect interest in IEnova, Sempra Energy’s subsidiary in Mexico. Read More
Falcon Edge, Goldman, Think Investments, Others Invest USD800m in Indian Food Delivery Platform Swiggy
Falcon Edge Capital, Goldman Sachs, Think Capital, Amansa Capital and Carmignac have invested USD800m in India-based food delivery platform Swiggy, with follow-on from Prosus Ventures and Accel, at a reported USD5b valuation. Read More
EverSource Acquires Solar Rooftop Assets from Azure Power Global for ~USD73m
EverSource Capital, through its subsidiary Radiance Renewables, has acquired solar rooftop assets with a 152MW capacity in India from Azure Power Global for INR5.36b (~USD73m). Read More
SoftBank Vision Fund 2 Leads USD300m Series E for Indian Social E-Commerce Company Meesho
SoftBank Vision Fund 2 led a USD300m Series E for India-based social e-commerce company Meesho, with participation from Facebook, Prosus Ventures, Shunwei Capital, Venture Highway and Knollwood Investment, at a reported USD2.1b valuation. Read More
Ribbit Capital Leads USD26.7m Series A for Brazilian Fintech Cora
Ribbit Capital led a USD26.7m Series A for Cora, a Brazil-based digital lender for SMEs, with participation from KASZEK, QED Investors and Greenoaks Capital. Read More
Vinci Acquires Brazilian Wind Farms from Petrobras & Wobben
Vinci Partners’ V2I Energia has acquired Brazilian wind farms Eólica Mangue Seco 3 and Mangue Seco 4 from Petrobras and Wobben. Read More
Sawari Ventures Reaches USD69m Final Close for Egypt Tech Fund
Sawari Ventures has reached a USD69m final close for its Egypt-focused fund. The vehicle will invest in early-stage and growth-stage tech companies in Egypt. Read More
B Capital Reaches USD415m Final Close for Follow-On Fund
B Capital has reached a USD415m final close for Elevate, a fund that will provide follow-on capital to later-stage companies within B Capital’s portfolio. Read More
Aqua Capital Acquires Brazilian Machinery Platform Rech Tratores for ~USD17.5m
Aqua Capital has acquired Brazil-based agricultural machinery reseller Rech Tratores for ~BRL100m (~USD17.5m). Read More
Infra Impact Reaches ~USD17m First Close for Mid-Market Infrastructure Fund
Infra Impact Investment Managers has reached a ZAR250m (~USD17m) first close for its Infra Impact Mid-Market Infrastructure Fund I. The vehicle, which has an initial target of ZAR1.5b (~USD102m), will provide growth capital to mid-market infrastructure businesses operating in the water, waste, energy and telecommunications sectors in South Africa. Read More