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Enterprise Investors Partially Exits Novaturas via IPO for US$22 Million (CEE and CIS)
Central and Eastern Europe-focused private equity fund manager Enterprise Investors has partially exited its stake in Lithuania-based tour operator Novaturas via an initial public offering (IPO) on the Warsaw Stock Exchange and Nasdaq Vilnius. Enterprise sold a 22 percent stake for gross proceeds of EUR17.8 million (approximately US$22 million). Enterprise, which retains a 49 percent stake in Novaturas, originally invested… Read More
Ainda Energia & Infraestructura Raises US$236 Million Debut CKD (Latin America)
Ainda Energia & Infraestructura, the fund management affiliate of Mexico-based energy and infrastructure-focused investment advisory firm Ainda Consultores, has raised MXN4.4 billion (approximately US$236 million) via the listing of a Certificado de Capital de Desarollo (CKD) on the Mexican Stock Exchange. The fund, listed under the ticker AINDACK 18, will invest in greenfield and brownfield projects in the oil &… Read More
Actis and Altimeter Capital Invest US$82 Million in Pine Labs (Asia)
Growth markets investor Actis has led a US$82 million investment round for India-based digital retail payments platform Pine Labs. Global technology-focused investment firm Altimeter Capital also participated in the round. Pine Labs plans to use the funds to increase network penetration in India and expand operations to other countries. Read More
Shunwei Capital Partners Leads US$100 Million Series D Round for Kujiale (Asia)
China-focused venture capital firm Shunwei Capital Partners has led a US$100 million Series D funding round for China-based virtual home design technology company Kujiale. Pavilion Capital, an investment arm of Singaporean sovereign wealth fund Temasek Holdings, also participated in the round alongside existing investors IDG Capital, GGV Capital, Yunqi Capital, Hearst Capital and Linear Capital. Kujiale, which operates a virtual… Read More
Small Enterprise Assistance Funds Invests in Phuong Chau Hospital (Asia)
Global SME-focused investment firm Small Enterprise Assistance Funds (SEAF) has invested in Vietnam-based health care provider Phuong Chau (PCJSC) through the SEAF Women’s Opportunity Fund. PCJSC, which operates the Phuong Chau Hospital and provides obstetrics and gynecology services to women in the greater Can Tho region of Vietnam, plans to use the funds to expand its presence to the city… Read More
Baring Vostok Capital Partners and MTS to Invest in Ozon (CEE and CIS)
Russia and CIS-focused private equity fund manager Baring Vostok Capital Partners and Russia-based telecommunications provider MTS have reportedly agreed to invest in Russia-based online retailer Ozon Holdings as part of an RUB3.5 billion (approximately US$62 million) investment round from existing shareholders. MTS will contribute RUB1.15 billion (approximately US$20 million) to the deal. Ozon offers a diverse range of products to… Read More
Prime Venture Partners Reaches US$62 Million Final Close for Third Fund (Asia)
India-focused venture capital fund manager Prime Venture Partners has reached a final close for its third fund with INR4 billion (approximately US$62 million) in capital commitments. The fund will primarily invest in early-stage technology startups in the financial services, health care, education, logistics and software-as-a-service sectors in India. Read More
A.P. Moller Capital Reaches US$865 Million Second Close for Africa Infrastructure Fund (Sub-Saharan Africa)
A.P. Moller Capital, the fund management affiliate of global shipping and industrials group A.P. Moller-Maersk, has reached a second close for its Africa Infrastructure Fund with US$865 million in capital commitments. Investors committing at the second close include Danica Pension, Danske Invest, SEB Pensionsforsikring and SEB Pension och Försäkring. The fund, which is targeting US$1 billion in total commitments, will… Read More
NBK Capital Partners Invests in Energia Model Trading & Contracting (MENA)
NBK Capital Partners, an alternative investment firm focused on the Middle East and North Africa, has completed a sharia-compliant mezzanine investment in Saudi Arabia-based energy rental company Energia Model Trading & Contracting. The company, which provides generators for short- and long-term projects in the oil & gas, utilities, industrials and infrastructure sectors, will use the funds to facilitate its acquisition… Read More
Go-Jek Raises US$1.5 Billion Series E Round (Asia)
Indonesia-based ride-hailing, delivery and personal services platform Go-Jek has raised a US$1.5 billion Series E investment round from a consortium of new and existing investors. The consortium includes internet and technology companies Google, Tencent Holdings, JD.com and Meituan-Dianping; Singaporean sovereign wealth fund Temasek Holdings; fund managers BlackRock, KKR, Warburg Pincus, Northstar Group, Shunwei Capital Partners and Sequoia Capital India; corporate… Read More
Mid Europa Partners to Acquire Majority Stake in MediGroup from Blue Sea Capital (CEE and CIS)
Central and Eastern Europe-focused private equity fund manager Mid Europa Partners has acquired a majority stake in Serbia-based health care provider MediGroup from Balkans-focused private equity firm Blue Sea Capital. Blue Sea originally invested in the MediGroup’s predecessor in 2012 and will retain a 45 percent stake in the company. Financial details of the transaction, which is pending regulatory approval,… Read More
DST Global Leads US$150 Million Investment Round for Nubank (Latin America)
Brazil-based financial services and technology startup Nubank has raised a US$150 million investment round led by venture capital firm DST Global. New investors Dragoneer Investment Group and Thrive Capital Partners also participated in the round alongside existing investors Founders Fund, Redpoint Ventures, Ribbit Capital and QED Investors. Nubank plans to use the funds to support its continued growth. Read More