UK-based, Africa-focused telecommunications infrastructure company Helios Towers has raised GBP288 million (approximately USD362 million) through its initial public offering (IPO) on the London Stock Exchange. The company sold shares at a price of GBP1.15 (USD1.45) per share in the listing. Helios operates 6,800 mobile network cellular towers in Ghana, Congo,… Read More
Africa-focused private investment firm Helios Investment Partners has agreed to sell its stake in Eland Oil & Gas, a UK-listed company focused on oil and gas production, development, and exploration in West Africa, to Nigeria-based upstream oil and gas company Seplat Petroleum Development. Seplat will acquire the entire ordinary share… Read More
Global venture capital fund manager Sequoia Capital has led a USD16 million Series A+ funding round for China-based art licensing and retail company Alfilo Brands. Netherlands-based investment company Zephyr Capital also participated in the investment. Alfilo provides cultural institutions in China and North America with direct-to-retail licensing services and holds… Read More
Southeast Asia- and India-focused venture capital fund manager Tanglin Venture Partners has reached a final close for its first fund with USD51 million in capital commitments. The fund, which has reportedly already completed six deals, will make investments of USD3 million to USD4 million in early-stage technology-focused companies in a… Read More
Latin America-focused private equity firms Alta Growth Capital and Stella Maris Partners, as well as the private credit arm of multinational financial services group Credit Suisse, have invested in Lottus Education, a Mexico-based higher education company. The company offers high-school, undergraduate, and graduate on-campus and online education programs through the… Read More
Global investment firm KKR and an affiliate of Singaporean sovereign wealth fund GIC have agreed to invest PHP35.3 billion (approximately USD683 million) in Metro Pacific Hospital Holdings (MPHH), a Philippines-based private hospital operator controlled by Philippines-listed Metro Pacific Investments Corporation (MPIC). The KKR-led consortium will subscribe to PHP5.2 billion (USD101… Read More
US- and India-focused venture capital fund manager Inventus Capital Partners has reached a final close for its first fund dedicated solely to India with INR3.6 billion (approximately USD51 million) in capital commitments. Investors in the fund include the Small Industries Development Bank of India, as well as institutional investors, technology… Read More
US-based ride-hailing company has agreed to acquire a majority stake in Chile-based grocery delivery platform Cornershop, which is backed by venture capital fund managers ALLVP, Accel Partners, Creandum, Jackson Square Ventures, and Capital Mazapil. Cornershop raised its first round of institutional capital in July 2015 led by ALLVP and currently… Read More
Global growth markets investor Actis has agreed to invest up to USD180 million in equity in a Series C funding round for China-based data center developer and operator Chayora Holdings. Investing through Actis Asia Real Estate Fund, Actis has already completed the USD64 million first tranche of the investment. Chayora… Read More
Global alternative asset manager The Carlyle Group has agreed to invest in Boru Energy, a newly established oil and gas investment platform. The platform, which will be run by former Tullow Oil executives, will acquire up to USD1 billion in non-operated oil and gas production assets in Sub-Saharan Africa from… Read More
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