Frontier markets investment firm Leopard Capital has invested US$2.5 million for a minority stake in Haiti-based Digital Satellite Systems, the owner and operator of prepaid television service NUtv. The transaction was structured through Leopard Haiti Fund. NUtv intends to use the investment to enhance its existing network and expand… Read More
Private equity and investment advisory firm CVC Capital Partners has completed an investment in China-based restaurant chain South Beauty Investment Company. After obtaining approval from relevant regulatory authorities, CVC is now the major shareholder of the company. CVC’s investment will help South Beauty drive greater economies of scale and… Read More
Infra Invest, a management company for investment funds specializing in infrastructure projects in Africa and a subsidiary of asset manager RMA Capital, has reached an agreement with UPC North Africa Renewables, part of wind energy project developer and operator the UPC Group, to acquire a 25 percent ownership position… Read More
Vietnam-focused private equity firm Mekong Capital, structured through Mekong Enterprise Fund II, has sold 5.6 million shares of Vietnam-based mobile device retailer MobileWorld Investment Corporation (Mobile World) at VND85,000 (approximately US$4) per share, equivalent to nine percent of the company’s issued shares, in a pre-listing share placement for a… Read More
Pan-emerging markets private equity firm Actis has established Credit Services Holdings (CSH), a buy-and-build credit services business, and plans to invest US$100 million in the platform. CSH’s first investment will be acquiring 100 percent of South Africa-based credit bureau Compuscan. The investment will take place alongside the Compuscan management… Read More
UFG Private Equity, the buyout and growth capital arm of Russia-based alternative investment group UFG Asset Management, has acquired a minority stake in Russia-based pharmaceutical logistics firm Santens Service Logistics Group. The transaction was structured through UFG Private Equity Fund II. UFG plans on investing more than US$30 million… Read More
Private equity firm DLM Invista has purchased a 35 percent stake in Brazil-based travel technology group Clic Holding, the parent of three companies, Argo IT, Travel Explorer and Connect-c, which provide software and services to travel agencies. Clic Holding intends to use the fresh funding to reinforce the domestic… Read More
Alternative investment management and advisory firm CITIC Capital and international shopping center manager Sonae Sierra have launched a joint venture to provide property management and leasing services to shopping centers in China. Headquartered in Shanghai, the joint venture will focus on enhancing the experience at shopping centers. Financial details… Read More
Venture capital firm Matrix Partners has closed its latest China-focused fund, Matrix Partners China III, with US$350 million in capital commitments. The firm targets companies in the technology, media, and telecommunications and healthcare sectors. Read More
Venture capital firm IDG Ventures India and Vertex Venture Holdings, the venture investment arm of Singapore’s sovereign wealth fund Temasek, have led an INR1.4 billion (approximately US$23.1 million) financing round in India-based online travel company Yatra.com. Existing investors venture capital firm Norwest Venture Partners, Intel Corporation’s venture capital arm… Read More
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