Hong Kong-based medical devices maker OrbusNeich Medical Group raised ~USD200m across two rounds from Shenzhen Capital Group, CCB International, CICC Capital, China Merchants Securities Investment, Shenzhen Share Capital Healthcare Fund and family offices. Read more… Read More
China Structural Reform Fund and China Internet Investment Fund led a CNY1b (~USD155m) Series A for China-based chipmaker Metax Integrated Circuits, with follow-on from investors including Matrix Partners China, CTC Capital, Sequoia Capital China and Lightspeed Venture Partners. Read more… Read More
The Emerald Sri Lanka Fund, a vehicle launched by Zephyr Management in partnership with NDB Bank, exited Sri Lanka-based renewable energy solution provider Panasian Power via a secondary sale to a local conglomerate, and Sri Lanka-based water-based wood coatings company JAT Holdings via an IPO on the Colombo Stock Exchange. Read More
Impact46 and Elm Company led a USD20m Series B for Saudi Arabia-based auto marketplace Syarah, with participation from Budget, Vision Ventures and Yousef Al-Rasheedi (Haraj). Read more… Read More
Mubadala Infrastructure Partners sold its 50% stake in Al Wajeez Development Company, the operator of the Al Maryah Island cooling unit in Abu Dhabi, to its joint venture partner the National Central Cooling Company for AED311.5m (~USD84.8m). Read more… Read More
The Swiss Investment Fund for Emerging Markets (SIFEM) committed USD10m to Metier Sustainable Capital International Fund II. The vehicle, which is managed by Metier Capital, is focused on climate mitigation and adaptation through investments in renewable energy generation and in resource efficiency in Africa. Read more… Read More
IG4 Capital and Macquarie agreed to acquire a 14.86% stake in Brazil-based toll road company CCR from Andrade Gutierrez Participações for up to BRL5b (~USD960m). Read more… Read More
Advent International sold its controlling stake in AI Dream, the operator of the Serta and King Koil mattress brands in China, to Hillhouse Capital for an undisclosed amount. Read more… Read More
A consortium of investors led by CBC Group and including Mubadala Investment Company, GS Holdings and IMM Investment acquired a 47% stake in Hugel, a South Korea-based botox maker, from Bain Capital for USD1.5b. Read more… Read More
India-based VC A91 Partners reached a USD525m final close for its second fund. Investors include CPP Investments and Allianz. Read more… Read More
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