The Abu Dhabi Pension Fund (ADPF) and UAE-based holding firm ADQ have agreed to invest USD2.1b in select Abu Dhabi National Oil Company (ADNOC) gas pipeline assets. Under the terms of the agreement, ADNOC will divest 20% in ADNOC Gas Pipelines to ADPF and ADQ. Read more… Read More
Mediterra Capital has agreed to acquire a majority stake in Turkey-based payment solutions provider PayCore. Read more… Read More
SSI Asset Management Company, a subsidiary of SSI Securities, CT Bright, the investment arm of CP Group, and Mercuria Investment, a fund managed by the Development Bank of Japan, have partnered to launch a USD150m Vietnam-focused fund. The vehicle has already reached a USD25m first close. Read… Read More
Andreessen Horowitz led a USD48m Series A for Mexico-based hospitality startup Casai, with participation from Andreessen Horowitz’s Cultural Leadership Fund, Kaszek Ventures, Global Founders Capital, Monashees Capital, Liquid 2 Ventures, and TriplePoint Capital. The round included USD23m in equity funding and USD25m in debt financing. Read more… Read More
AIIM, through its IDEAS Managed Fund, has made a second investment in South Africa-based Phakwe Group to support the company’s acquisition of Witkop Solar Park, a 30MW solar photovoltaic facility in South Africa. Through the deal, Phakwe has increased its stake in Core Energy, a South Africa-based independent… Read More
Lead Ventures led a USD2.5m Series A for Hungary-based website server protection solutions provider BitNinja, with participation from Oxo Technologies Holdings. Read more… Read More
San Francisco Employees’ Retirement System (SFERS) has approved a total commitment of USD125m to funds managed by Asia Alternatives and Hillhouse Capital. Specifically, SFERS has agreed to invest up to USD50m in Asia Alternatives Capital Partners VI and up to USD75m in Hillhouse Fund V and Hillhouse Focused… Read More
KaszeK Ventures and Qualcomm Ventures led a USD30m Series C for Nuvemshop (also known as Tiendanube), an Argentina-based e-commerce platform for SMEs with offices in São Paulo and Buenos Aires, with participation from FJ Labs, IGNIA, Elevar Equity, and Kevin Efrusy. Read more… Read More
PTT Oil, Retail Business Public Company, Durbell, and Krungsri Finnovate led a USD200m Series D for Thailand-based e-commerce logistics provider Flash Express, with participation from existing shareholders eWTP Fund, Gaorang Capital, and Cloud Angel Fund. Read more… Read More
Monk’s Hill Ventures led a USD2m Series A for Malaysia-based on-demand freelancer platform GoGet. Read more… Read More
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