Mexico-focused private equity firm Alta Growth Capital has completed a final close on Alta Growth Capital, Mexico Fund II with US$142 million in capital commitments. Investors in the fund included Mexican and international limited partners. Alta Growth Capital’s debut fund closed in 2009. Read More
Global alternative asset manager The Carlyle Group has reached a final close on Carlyle Asia Partners IV (CAP IV) with US$3.9 billion in capital commitments, exceeding its target of US$3.5 billion. CAP IV intends to make control and significant minority investments in companies across the Asia ex-Japan region. CAP IV… Read More
East Africa-focused private equity firm Catalyst Principal Partners has invested in retail pharmacy chain Mimosa Pharmacy alongside Chris Getonga, the founder of Mimosa, and Africa Chemist and Beauty Care, an investor planning to build an East African pharmacy chain. Mimosa Pharmacy intends to use the funds to expand across commercial… Read More
India-focused private equity firm Multiples Alternate Asset Management has led a US$35 million Series C financing round for Delhivery, an e-commerce logistics company based in India. Existing investors Nexus Venture Partners and Times Internet, the internet subsidiary of The Times of India Group, also participated. Delhivery intends to use the… Read More
CDH Venture, a venture capital team under the umbrella of China-focused alternative asset fund manager CDH Investments, has closed its third venture capital fund with more than US$100 million in capital commitments. The fund intends to target businesses that are moving from the offline to online space, as well as… Read More
Amwal AlKhaleej, a private equity firm focused on the Middle East and North Africa, has acquired a majority stake in Umark, a Saudi Arabia-based sports retailer and distributor of personal care and home appliance products. The transaction, which took the form of a capital increase, is intended to finance the… Read More
Swicorp, a MENA-focused investment banking and asset management firm, has acquired a 30 percent stake in Saudi Arabia-based steel products manufacturing and processing company BRC Industrial. The transaction was structured through Sadeed Investment, a Swicorp-owned investment vehicle. BRC Industrial intends to strengthen its position in the domestic reinforcement steel and… Read More
Pan-emerging markets private equity firm Actis is committing US$250 million to establish Mexico-focused energy platform Zuma Energía, which will target over 500MW of installed capacity in the country. Zuma Energía’s strategy involves both partnering on new projects and developing its own proprietary pipeline. The platform has completed its first acquisition, closing… Read More
Global private markets investment manager Partners Group has acquired a 30 percent stake in Turkey-based natural gas distributor Enerya. The stake was acquired from Enerya's parent company, Turkey-based infrastructure conglomerate STFA Group, which continues to hold the remaining equity. Enerya owns and operates nine natural gas distribution companies in different… Read More
India-based online recruitment company myNoticePeriod.com has raised more than INR20 million (approximately US$330,000) in a seed stage financing round led by venture capital firm IDG Ventures India. Individual angel investors also participated in the round. The company intends to use the capital to strengthen its team, increase revenues and invest… Read More
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