Singapore-based alternative asset manager Indies Capital Partners has reached a USD100m first close for its third fund to target structured credit and private equity deals in Southeast Asia, with a particular focus on Indonesia. Temasek’s Pavilion Capital was reportedly an anchor investor. Read… Read More
General Atlantic and XP Controle Participações, the founding holding company of Brazilian brokerage XP, have filed for a secondary share offering of USD1b for up to 22.4 million shares on Nasdaq. Read more… Read More
The Carlyle Group has exited its remaining stake in India-based diagnostic chain Metropolis Healthcare for INR842m (approximately USD11.3m) via a sale to SBI Life Insurance Company, ICICI Prudential Mutual Fund, Aditya Birla Sun Life Mutual Fund, and Sundaram BNP Paribas Mutual Fund. Read more… Read More
Intel Capital has agreed to invest USD253.5m in India-based telecommunications and technology company Jio Platforms, a subsidiary of Indian conglomerate Reliance Industries, for a 0.39% stake. Jio is now valued at USD65b. Read more… Read More
KKR has agreed to acquire a 54% stake in India-based JB Chemicals & Pharmaceuticals for INR31b (approximately USD415m). The deal, valued at USD500m, will trigger an open offer for an additional 26% that might see KKR owning up to a 64.9% stake in the company. Read more… Read More
The Global Climate Partnership Fund, an emerging markets-focused fund managed by responsAbility Investments, has invested USD10m in India-based solar solutions provider CleanMax to support its expansion into Southeast Asia. Read more… Read More
Y Combinator and Mosaic Ventures led a USD15.5m investment in Estonia-based identity verification platform Veriff, with participation from NordicNinja VC and Change Ventures. Read more… Read More
The Carlyle Group has acquired a majority stake in Czech Republic-based language translation software provider Memsource for an undisclosed amount through Carlyle Europe Technology Partners IV. Read more… Read More
LeapFrog Investments has agreed to acquire a 24% stake in Kenya-based insurer and asset manager ICEA LION through LeapFrog Strategic Africa Investments, a USD350m investment vehicle set up by LeapFrog and Prudential Financial. Read more… Read More
Auster Capital has reached a USD500m+ first close for its debut fund, Auster Capital I. The vehicle, which targets USD1b, will invest in the industrial manufacturing, consumer, and health care sectors in Europe and will focus on businesses that plan to benefit from Chinese growth potential or expect… Read More
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