GPCA covers the latest fund, investment and industry news across our markets in two newsletters: NewsWatch is a weekly round-up of key transactions across asset classes; the Global Tech Brief is a bi-weekly review of tech transactions and innovations with cross-border applications. Subscribe in the left-hand sidebar.

Access past editions of NewsWatch here.

Grupo Pegasus to Invest up to USD25m in Hostel Operator Viajero Hostels

Argentina-based investment firm Grupo Pegasus has made a USD5m follow-on investment in Latin American hostel operator Viajero Hostels, with the potential to increase the round to USD25m total. Grupo Pegasus previously invested USD15m in 2018. Read More

South African PE Firm Senatla To Acquire Ad Agency Business Joe Public United

South Africa-based private equity firm Senatla Capital has received approval to acquire brand and communications group Joe Public United via two of its funds, SCEF II and SCEF III. Read more» Read More

Brookfield Acquires up to 40% of Everstone-Backed IndoStar Capital for USD202m

Brookfield Asset Management has agreed to invest INR14.5b (USD202m) for a 40% stake in IndoStar Capital, an Indian non-banking financial company established by Everstone Group. Read more» Read More

Victoria Capital Exits Brazil’s Elemidia in Sale to H.I.G. Capital-backed Eletromidia

H.I.G. Capital-backed Eletromidia, a Brazilian advertising platform acquired Victoria Capital’s Elemidia. This transaction represented an exit for Victoria Capital. Read more» Read More

Venrex Leads USD3.25m Investment for Chile’s Global66

Chilean payments platform Global 66 has received USD3.25m from British VC fund Venrex Investment Management, with participation from angel investors Mario Solari (Genesis Management) and Will Armitage. Read more» Read More

Pátria Reaches USD2b Final Close for Infrastructure Fund IV

Pátria Investimentos has reached a BRL10b (approximately USD2b) final close for its Infrastructure Fund IV. The vehicle will target investments in infrastructure, with a focus on logistics, energy, and telecoms, across Brazil and Latin America. Read More

BHS Acquires Czech Republic-Based Switchboard Manufacturer DCK Holoubkov Bohemia

Czech investment firm BHS, together with minority co-investors, has wholly acquired DCK Holoubkov Bohemia, a Czech Republic-based outdoor distribution switchboards manufacturer. Read more» Read More

Iporanga Ventures Leads Seed Round for Fintech Stark Bank

Brazil-based investor Iporanga Ventures led a seed investment round for Brazilian fintech Stark Bank. Read more» Read More

Keppel Capital Reaches USD360m First Close for Asia Infrastructure Fund

Keppel Capital, the asset management arm of Singapore’s Keppel Corporation, has reached a USD360m first close for its new infrastructure private equity fund, Keppel Asia Infrastructure Fund, targeting USD1b. Read more» Read More

Excelsior Capital Asia Reaches USD62m First Close for Debut Vietnam Fund

Hong Kong-based private equity firm Excelsior Capital Asia has reached a USD62m first close for its debut Vietnam fund, Excelsior Capital Vietnam Partners LP, targeting USD150m. Read more» Read More

monashees Leads USD4.7m Round for Brazilian Real Estate Startup Yuca

Latin America-focused early-stage venture capital firm monashees led a BRL20m (USD4.7m) seed investment in Brazilian rental services startup Yuca, with participation from ONEVC, Creditas, and others. Read more» Read More

Horizon Capital’s EEGF III Invests USD7m in Purcari Wineries

Horizon Capital, a private equity fund manager focused on investments in mid-cap companies in Ukraine and the neighboring region, has invested USD7m via its Emerging Europe Growth Fund III for a 6.8% stake in Purcari Wineries. Horizon previously invested in and divested from the company via EEGF II. Read more» Read More