Global private equity fund manager Advent International has acquired a controlling stake in India-based rigid plastic packaging manufacturer Manjushree Technopack. As part of the transaction, India-focused private equity fund manager Kedaara Capital, which originally invested in Manjushree in 2015, exited its reported 40 percent stake in the company. Advent also… Read More
India-focused venture capital fund managers Chiratae Ventures, formerly known as IDG Ventures India, and Alkemi Venture Partners have invested US$3 million in a Series A financing round for India-based fertility services solutions provider Elawoman. The company uses artificial intelligence to match patients with doctors and services and also provides a… Read More
Korea-focused private equity fund manager Hahn & Company has acquired a 79 percent stake in Korea-based SK Shipping for US$3.7 billion. Hahn will commit US$1 billion in equity to the deal, which includes the assumption of debt and a new capital injection of approximately US$1.4 billion. SK Shipping operates 92… Read More
China-based grocery delivery company Meicai has reportedly raised US$600 million in a new funding round led by private investment firms Tiger Global Management and Hillhouse Capital. Meicai operates an e-commerce platform that enables farmers to sell fresh produce directly to restaurants and plans to use the capital to expand operations… Read More
Central and Eastern Europe-focused private equity fund manager Mid Europa Partners has agreed to sell its 99.8 percent stake in Poland-based Polskie Koleje Linowe (PKL) to the government-backed Polish Development Fund. PKL provides cable car, funicular, ski lift and ski slope services across seven locations in Poland. Mid Europa originally… Read More
Sub-Saharan Africa-focused impact investing group Investisseurs & Partenaires (I&P) has invested in three companies through I&P Afrique Entrepreneurs 2: Afribon, a food flavor producer operating in Cameroon and East Africa; African Management Initiative (AMI), a Kenya-based provider of workforce training programs and educational tools; and CoinAfrique, a Francophone Africa-focused online… Read More
Emerging markets-focused asset manager The Rohatyn Group (TRG) has acquired pet supplies retailers Pet Product and MIMAJA. Romania-based Pet Product operates 82 stores under the Animax brand, and Slovenia-based MIMAJA operates 16 stores under the Mr. Pet brand. The companies will form part of TRG’s pet care platform in the… Read More
Global private equity fund manager Warburg Pincus and CNCB, a unit of China CITIC Bank, have reportedly led an investment in China-based assisted reproductive technology company Jinxin Fertility. Global venture investor Sequoia Capital and China-based biotechnology company WuXi AppTec also participated in the financing round. Jinxin Fertility provides various fertility… Read More
Global alternative asset manager KKR, along with Korea-focused real estate fund manager IGIS Asset Management and the National Pension Service of Korea, has agreed to acquire a mixed-used real estate project in the Gangnam district of Seoul, South Korea from local engineering firm Daor E&C. The project is expected to… Read More
Brazil-focused alternative asset manager Patria Investments has reached a final close for Patria Crédito Estruturado with BRL1.2 billion (approximately US$312 million) in capital commitments. Development finance institutions BNDES, IFC and IDB Invest committed BRL250 million (US$65 million), BRL188 million (US$49 million) and BRL160 million (US$42 million), respectively, to the fund. Read More
(default archive template)