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 fully exited South Africa-based beverage manufacturer BevCo via a strategic sale to India-based bottler Varun Beverages. Read More
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 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
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 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 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 fully exited its 5% stake in Vietnam-based commercial lender Asia Commercial Bank for USD220m. Read More
Trustar Capital, the private equity affiliate of CITIC Capital, acquired Guilong Pharmaceutical, a China-based OTC medicine manufacturer for sore throats. … Read More
Kotak Alternate Asset Managers and Abu Dhabi Investment Authority agreed to invest INR20b (~USD240m) in India-based real estate developer Prestige Group. Read More
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