Helios Holdings Group, the holding company of Helios Investment Partners, and Fairfax Africa Holdings Corporation, an investment holding company traded on the Toronto Stock Exchange, have agreed to combine their businesses to create Helios Fairfax Partners, a pan-African investment firm. The transaction, which is expected to close in… Read More
Yingke Private Equity has reached a USD286m final close for its latest CNY-denominated fund. The vehicle will invest in biomedicine, consumer, military and aerospace sectors in China. Read more… Read More
Soma Capital, InQlab, and Palm Drive Capital have invested USD5m in a seed round for Colombia-based e-commerce platform for pet products and services LAIKA, with participation from angel investors, including Tinder Co-Founder Justin Mateen and entrepreneur brothers Justin Kan and Daniel Kan. Read more… Read More
SkyLake Investment has agreed to acquire Doosan Solus, the EV battery materials maker unit of South Korea-based conglomerate Doosan Group. The company is looking to sell its entire 61% stake for KRW700b (approximately USD585m). Read more… Read More
SoftBank-backed DCM Ventures has reached a USD780m final close for China-focused DCM IX and has secured a further USD100m for DCM A-Fund III. Read more… Read More
Oaktree Capital Management has agreed to invest USD1.3b in bankruptcy financing for LATAM Airlines Group. The Group and its affiliates in Chile, Peru, Colombia, Ecuador, and the US filed for US Chapter 11 creditor protection on 26 May 2020, and its affiliate in Brazil was recently incorporated in… Read More
Warburg Pincus has partially exited Hong Kong-listed assisted reproductive services provider Jinxin Fertility by selling approximately 5.39% of its 18.39% stake in the company for HKD1.5b (approximately USD194m). Read more… Read More
DEG has agreed to provide EUR20m (approximately USD22.5m) in financing to Bangladesh-based electrical and electronics device manufacturer Walton Hi-Tech Industries. Read more… Read More
Openspace Ventures has reached a USD90m+ first close for its third Southeast Asia-focused fund, which is targeting USD200m. Read more… Read More
Ninety One’s EAIF has agreed to invest up to XOF29.5b (approximately USD50m) in a XOF100b (approximately USD170m) bond issue in the Senegal business of West African telecom company Sonatel. Read more… Read More
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