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Warburg Pincus Invests in Vietnam’s Xuyen A

Warburg Pincus invested in Xuyen A, a Vietnam-based tertiary hospital group. Read More

Lighthouse Funds Invests ~USD84m in India’s Parsons Nutritionals

Lighthouse Funds invested INR7b (~USD84m) in Parsons Nutritionals, an India-based manufacturer of packaged foods and beverages, with participation from IFC, Evolvence India, HDFC AMC and others. Read More

The Rohatyn Group Exits South Africa’s BevCo to Varun Beverages

The Rohatyn Group fully exited South Africa-based beverage manufacturer BevCo via a strategic sale to India-based bottler Varun Beverages. Read More

Warburg Pincus Acquires 65% Stake in India’s Appasamy Associates

Warburg Pincus acquired a 65% stake in Appasamy Associates, an India-based manufacturer of ophthalmic equipment and intraocular lenses, for ~USD300m. Read More

Verod-Kepple Africa Ventures Reaches USD60m Close for Inaugural Fund

Verod-Kepple Africa Ventures reached a USD60m close for its first fund focused on early-stage companies building infrastructure for the digital economy across Africa. The fund received commitments from SCM Capital, Taiyo Holdings and C2C Global Education Japan. Read More

Temasek, Boyu Capital and others invest USD62m in D3 Bio Series A+

D3 Bio, a China-based clinical-stage biotech company backed by Temasek, raised a USD62m Series A+ led by Medicxi, with follow-on from Matrix Partners China and WuXi AppTec. Read More

Africa50 and Oikocredit Invests in Ghana’s Zeepay

Africa50 and Oikocredit led an equity investment in Ghana-based payment platform Zeepay, with participation from Injaro Ghana Venture Capital Fund and Verdant Capital Hybrid Fund, as well as follow-on from Investisseurs & Partenaires. Read More

Adenia Capital Reaches USD470m Final Close for Fund V

Adenia Capital reached a USD470m final close for its fifth fund focused on making control investments in medium-sized companies across Africa. Read More

CVC Capital Partners Exits Vietnam’s Asia Commercial Bank for USD220m

CVC Capital Partners fully exited its 5% stake in Vietnam-based commercial lender Asia Commercial Bank for USD220m. Read More

CITIC Capital Acquires China’s Guilong Pharmaceutical

Trustar Capital, the private equity affiliate of CITIC Capital, acquired Guilong Pharmaceutical, a China-based OTC medicine manufacturer for sore throats.  Read More

Kotak and ADIA To Invest ~USD240m in India’s Prestige Estates

Kotak Alternate Asset Managers and Abu Dhabi Investment Authority agreed to invest INR20b (~USD240m) in India-based real estate developer Prestige Group. Read More

DPI, BII and EBRD To Exit Africa’s KELIX bio

DPI, BII and EBRD agreed to fully exit KELIX bio, a pan-African pharmaceutical platform, via a sale to Mubadala. Read More