Global infrastructure investment firm Meridiam has invested EUR8.5 million (approximately US$9 million) in Senegal-based 30 megawatt photovoltaic solar power plant Ten Marina. Meridiam’s investment, which was completed through Meridiam Africa Infrastructure Fund, forms part of an EUR43 million (approximately US$45 million) financing package, which also includes an EUR34.5 million (approximately… Read More
Mexico-focused private equity fund manager EMX Capital has invested in Mexico-based information and communications technology service provider Orben Communications through a convertible debt structure. EMX Capital made its investment through EMX Capital I. Orben plans to use the new funds to strengthen its services in data security. Financial details of… Read More
Cross-border private equity firm Cathay Capital Private Equity has led a CNY100 million (approximately US$14 million) Series A+ round in China-based Yimidida, an online logistics platform providing crowd-sourced delivery services in China’s small counties and villages. Existing investors China-focused venture capital firm Source Code Capital and Singapore-based Global Logistic Properties… Read More
Real estate fund manager TC Latin America Partners has reached a final close for Terranum Capital Latin America Real Estate Fund II with US$268 million in commitments. Investors in the fund include pension funds and insurance companies in Colombia, Peru, the United States, the Middle East and Europe. The fund… Read More
India-focused private equity firm Amicus Capital Partners has reportedly reached a first close for its first fund with approximately US$90 million in commitments. Investors in the fund include European family offices and multilateral institutions. The fund, which is targeting US$200 million in total commitments, will largely focus on acquiring minority… Read More
Energy and power-focused private investment firm Riverstone Holdings has agreed to an initial line-of-equity investment of US$150 million in newly-established Mexico-based energy infrastructure platform Avant Energy. Riverstone’s initial investment may increase to US$300 million once its initial commitment has been invested. Avant Energy will focus on the development, construction and… Read More
Nigeria- and Ghana-focused private equity firm Synergy Capital Managers has invested in Nigeria-based MSY Analytics Group, a technology-driven professional services and data analytics company focused on organizational productivity. MSY will use Synergy’s investment, which was made through Synergy Private Equity Fund, to expand geographically across the continent and to deepen… Read More
Mexico-focused private equity firm Nexxus Capital and Spain-focused private equity firm MCH Private Equity have agreed to invest in Spain-based Pumping Team Holding, a concrete pumping services company with operations in Mexico and Spain. Nexxus will invest through Nexxus Capital Private Equity Fund VI, while MCH will invest through MCH… Read More
CEE-focused mid-market private equity firm Innova Capital has fully exited its investment in Poland-based internet portal Wirtualna Polska (WP), selling its remaining 27 percent stake for PLN50 (approximately US$11.96) per share on the Warsaw Stock Exchange. Innova Capital originally invested in WP in 2014 through Innova/5 and subsequently merged the… Read More
Southeast Asia-focused venture capital firm Jungle Ventures has reached a final close for Jungle Ventures II with US$100 million in commitments. Investors include sovereign wealth fund Temasek Holdings, Singapore-based National Research Foundation, Germany-based Hubert Burda Media, Singapore-based consumer electronics distributor Thakral and family offices Kewalram Chanrai Group and Khoon Hong… Read More
(default archive template)