San Francisco-based Pachama, a marketplace for carbon offset projects, received USD4.1m in seed investment from Global Founders Capital, Social Capital, Lowercase Capital, Saltwater Capital, and angel investors including Paul Graham (YC), and others. Pachama’s founder is Argentinian entrepreneur Diego… Read More
Singapore-based alternative asset manager EFA Group has reached a first close for its Asia-Pacific direct-lending fund. The fund, targeting USD300m, provides term loans secured against real assets to established companies in Southeast Asia, Australia, and New Zealand. The amount raised so far is undisclosed. Read more»… Read More
Global energy and resources-focused private equity fund manager Denham Capital has agreed to invest USD250m in Ceiba Energy, a Latin America-focused owner and developer of power generation projects with assets in Mexico, Colombia, Brazil, Chile, Panama, and Peru. Read more»… Read More
China-focused venture capital fund of funds Unicorn Capital Partners has reached a first close for Unicorn Partners Fund III with USD353.5m in commitments from 64 investors, according to a US SEC filing. Read more»… Read More
Metier has received USD113m million in commitments and has called a first close of its second Sustainable Capital Fund, MSC II. The fund will target renewable energy, energy efficiency, water and waste management investments in sub-Saharan Africa. MSC II secured commitments from Germany’s development finance institution DEG (Deutsche Investitions und… Read More
Pan-African private equity fund manager AfricInvest has exited its stake in Polymedic, a Morocco-based pharmaceuticals manufacturer, to Middle East and North Africa-focused alternative investment firm NBK Capital Partners. Polymedic produces generic medications across 12 therapeutic areas of treatment. NBK will now hold a majority stake in the company alongside Foursan… Read More
RattanIndia Power's Debt to Be Acquired by Goldman Sachs & Varde Partners for USD566 Million Read More
India-based automotive services provider GoMechanic has received INR1.1 billion (approximately USD15 million) in a Series B funding round led by India-focused venture capital firm Chiratae Ventures and global venture capital investor Sequoia Capital. Existing investor Orios Venture Partners also participated in the round. GoMechanic operates a network of automotive repair… Read More
Middle East and North Africa-focused venture capital fund manager Wamda Capital has invested in UAE-based employee benefits provider Flexxpay. The investment is reportedly part of a larger funding round that includes the company’s existing individual and corporate investors. Through its cloud-based platform, Flexxpay provides employees with services such as advanced… Read More
Global investment banking and asset management group Goldman Sachs, along with family office Centaurus Capital, has agreed to sell Brazil-based telecommunications infrastructure provider Cell Site Solutions (CSS) to IHS Towers, an owner and operator of telecommunications infrastructure predominantly focused on Africa. Financial details of this transaction, which is subject to… Read More
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