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Alta Growth Reaches USD150m Final Close for AGC Fund III
Alta Growth has reached a USD150m final close for AGC Fund III, a vehicle targeting investments in middle-market companies in Mexico and Latin America. Read More
EBRD Commits Additional USD10m to SPE AIF I
EBRD has committed an additional USD10m to SPE AIF I, after investing USD20m in 2019. The fund is managed by SPE Capital Partners and targets investments in Egypt, Jordan, Morocco, and Tunisia. Read More
Lorax Capital Partners II Reaches USD140m First Close with Commitments from EBRD and EIB
Lorax Capital Partners has reached a USD140m first close for Lorax Capital Partners Fund II, a vehicle focused on supporting SMEs in Egypt. EBRD and EIB recently committed a combined USD72m to the fund, with EBRD investing USD50m and EIB USD22m. Read more here and h Read More
Advent Enters Strategic Partnership with Brazilian Chocolate Producer Grupo CRM
Advent International has entered a strategic partnership with Brazil-based premium chocolate producer Grupo CRM and has reportedly acquired a majority stake in the company. Read more here and h Read More
MGM Sustainable Energy Fund II Provides USD16m in Debt Financing to Colombian Cloud Restaurant Company RobinFood
MGM Sustainable Energy Fund II has provided USD16m in debt financing to Colombia-based cloud restaurant company RobinFood (formerly known as MUY). Read More
I&P’s Comoé Capital Exits Ivorian Publishing House Vallesse
Comoé Capital, an Africa-focused impact investment fund sponsored by Investisseurs & Partenaires, has exited Côte d’Ivoire-based publishing house Vallesse Editions. Read More
SoftBank, DST Global, and Greenoaks Lead Undisclosed Investment in Mexican Used Car Marketplace Kavak
SoftBank, DST Global, and Greenoaks Capital led an undisclosed investment round for Kavak, a Mexican marketplace for used cars. The latest investment brings the company’s reported valuation to USD1.15b, making it Mexico’s first unicorn. Read More
Prosus Ventures Leads USD13m Series B for Pakistani Logistics and Transportation Startup Bykea
Prosus Ventures led a USD13m Series B for Pakistan-based on-demand logistics and transportation startup Bykea, with participation from Middle East Venture Partners and Sarmayacar. Read More
The Carlyle Group to Acquire Occidental’s Onshore Assets in Colombia for USD825m
The Carlyle Group has agreed to acquire Occidental’s onshore assets in Colombia for USD825m. The transaction is expected to close in Q4 2020. Read More
Seeds Capital and Others Invest USD12.6m Series A for Singaporean Foodtech Shiok Meats
Seeds Capital and other undisclosed funds have invested a USD12.6m Series A for Singapore-based foodtech Shiok Meats. Read More
SEAF Caribbean SME Growth Fund Acquires Majority Stake in Guyanese Restaurant Operator Camex Restaurants
SEAF Carribean SME Growth Fund has acquired a majority stake in Guyana-based restaurant operator Camex Restaurants. Read More
Addition Leads USD35m Investment in Indian News Aggregator App Operator Inshorts
Addition led a USD35m investment in India-based news aggregator app operator InShorts, with participation from SIG Global and Tanglin Venture Partners. Read More