CTC Capital has reached a CNY3.5b (~USD539m) final close for its second CNY-denominated fund, which will focus on areas including AI, data centers, IoT, 5G and smart cars within the semiconductor industry in China. Read more… Read More
Three Blackstone affiliate funds have partnered with Abu Dhabi Investment Authority, UC Investments and GIC to roll over the 55.31% stake in India-based IT outsourcing service provider Mphasis currently held by Blackstone Capital Partners VI for a reported USD2-2.8b. The agreement triggered an open offer for an additional… Read More
Blackstone has reached a USD3.1b first close for Blackstone Capital Partners Asia II, its second Asia-focused PE fund with an initial target of USD6b. Read more… Read More
Novo Tellus Capital Partners has invested USD40m in Tessolve, an India-based provider of engineering and R&D services to semiconductor companies, at a reported USD100m valuation. Read more… Read More
Kinea Investimentos has invested BRL300m (~USD54.3m) for a minority stake in Brazil-based pet store chain Cobasi. Read more… Read More
CPE, Matrix Partners China, Hopu Investment Management, Tencent and Xiang He Capital led a USD135m Series D for China-based cybersecurity services provider NextData. Tencent and Xiang led the company’s USD73m Series C in 2020. Read more… Read More
A consortium of investors led by Centurium Capital and including CITIC Capital, Hillhouse Capital and Temasek has completed a take-private of China Biologic Products Holdings, a China-based producer of plasma-based biopharmaceuticals, valuing the company at a reported USD4.76b. Read more… Read More
TMT Investments and Copernion Capital Partners led a USD22m Series A for Muncher, a Colombia-based startup specialized in building, operating and renting dark kitchens, with participation from Femsa Ventures, MGM Innova Capital and Amador Holdings. Read more… Read More
Crescera Capital has exited its investment in Brazil-based enterprise resource planning SaaS Bling via a sale to Locaweb for BRL524m (~USD94.5m). Read more… Read More
Tiger Global Management led a USD66m Series B for AfterShip, a Hong Kong-based package tracking platform, with participation from GL Ventures. Read more… Read More
(default archive template)