China-based Sherpa Healthcare Partners has reached a final close for US-denominated Sherpa Healthcare Fund I. The vehicle, which targeted USD200m, was oversubscribed and will invest in biopharma, gene technology, medtech, and medical services in China. The Oregon Public Employees Retirement System (PERS) recently committed USD100m to the fund. Read More
Brookfield has agreed to acquire a 1,000 MW solar complex in Brazil from Spanish multinational Solatio for BRL3b (approximately USD559m). This investment is part of Brookfield’s plan to invest between BRL4b (~USD745m) and BRL4.5b (~USD838.5m) to raise its solar energy capacity in the country. Read more… Read More
Square Peg led a USD16m Series C for Singapore-based digital wealth management platform StashAway, with participation from Burda Principal Investments and Eight Roads Ventures. Read more… Read More
Arc Labs has invested USD25m in debt financing in Mexico-based proptech Flat.mx, a real estate ibuyer currently part of Y Combinator’s Summer 2020 accelerator program. Read more… Read More
Spectra, Fir Capital, Redpoint eventures, as well as the company’s founders, have invested BRL115m (approximately USD22m) in Brazil-based building materials retailer ABC da Construção. Read more… Read More
Enko Capital Managers has agreed to sell its minority stake in Dubai-based logistics company AMI Logistics to CEVA Logistics, a subsidiary of CMA CGM. AMI’s founders have also agreed to divest their stakes in the company. Enko originally invested USD7m via its Enko Africa Private Equity Fund (EAPEF)… Read More
Creandum and Highland Europe led a USD15m Series A for Turkey- and Germany-based meditation startup Meditopia. Read more… Read More
Straight KKM 2 (KKM), backed by Kuramo Capital Management and Mafuta Investment Holdings, has agreed to acquire CDC-backed Feronia’s direct and indirect equity interests in Congo-based palm oil agribusiness Plantations et Huileries du Congo. The deal, which is pending approval, will see Feronia delisted from the Canadian Stock… Read More
KKR led a USD800m Series C+ for China-based grocery e-commerce platform Xingsheng, with participation from Sequoia Capital China and China Renaissance’s Huaxing Growth Capital. Read more… Read More
BNDES has approved an investment of up to BRL150m (approximately USD29m) in Vinci Impacto e Retorno IV. The vehicle, which targets BRL600m (~USD116m), will invest in medium-sized companies operating in the health care, education, retail, IT, and food sectors in Brazil. Read more… Read More
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