Ascendent Capital Partners has invested USD500m in China-based supermarket retailer Wumart. USD150m has been invested through Fund III, USD50m through Fund II, and the remaining USD300m through a co-investment. Read more… Read More
BA Capital (also known as Black Ant Capital) has reached a USD147m final close for its second RMB-denominated fund and a USD100m first close for its first US-denominated fund. Read more… Read More
monashees, Caravela Capital, Pear Ventures, NBV, and MELI have invested BRL20m (approximately USD3.5m) in Brazil-based proptech EmCasa. Read more… Read More
Taikang Insurance, Highlight Capital, and Zhongyuan Capital led a USD200m Series C for Xingyun Group, a China-based supply chain provider for imported goods from foreign countries, with participation from Morningside Ventures, Yinshan Capital, C&D Xinxing Investment, Singnah Capital, Pansheng Assets, and existing shareholders Matrix Partners China and Shuyuan… Read More
IMM Private Equity has agreed to exit its nearly 94% stake in South Korea-based specialty coffee chain Hollys Coffee via a sale to South Korean conglomerate KG Group for USD124m. Read more… Read More
Facebook co-founder Eduardo Saverin’s investment arm EE Capital, Lionrock Capital, Rise Capital, RPG Ventures, and IIFL Seed Ventures Fund have invested a USD25m Series D for India- and US-based fashion brand for kids Hopscotch. Read more… Read More
Existing investors SAIF Partners, Twitter, Lightspeed Venture Partners, and India Quotient, and new investors Hero MotoCorp chairman Pawan Munjal and DCM Shriram chairman Ajay Shridhar Shriram have invested a USD40m pre-Series E for India-based social media startup ShareChat. Read more… Read More
The Carlyle Group partially exited Peru-based security company Liderman via a secondary offering on the Peruvian stock exchange, picked up by Liderman management. Read more… Read More
GEF Capital Partners has acquired a 60% stake in Brazil-based specialty fertilizer manufacturer and distributor Café Brasil for BRL90m (approximately USD11m). Read more… Read More
Actis has agreed to acquire a 75% stake in a new joint venture with GS E&C, the construction arm of South Korean conglomerate GS Group. The JV will be focused on developing and operating a USD315m internet data center in Seoul, South Korea. Read more… Read More
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