İş Private Equity, a private equity firm focused on Turkish small- and medium-sized enterprises, has agreed to sell a 20 percent stake in Aras Cargo, a Turkey-based shipping and packaging company, to Austria Post for TRY100 million (US$53 million). Austria Post is a logistics and postal services provider in… Read More
responsAbility Investments, an asset manager specializing in emerging economies, has invested in Saraplast, an India-based manufacturer of sanitary facilities and a provider of liquid waste management. Saraplast has proposed a pay-and-use model for its sanitation services and is working to improve sanitation facilities in schools. Financial details of the… Read More
ADM Capital, an investment firm focused primarily on recovery, special situations and event-driven opportunities in emerging markets, has completed a follow-on investment in Labnet Holding, a Kazakhstan-based company that owns and operates medical laboratories and service centers across Kazakhstan, Kyrgyzstan and Russia. The investment is structured through ADM Capital’s… Read More
Lazada, an Indonesia-based online retail sales company focused on Southeast Asia, has secured US$100 million in funding from European investors, including from existing stakeholder Summit Partners, a growth equity and credit investor. Apart from Summit Partners, existing investors that are also participating in the investment round include J.P. Morgan;… Read More
Global private equity firm Advent International will acquire a 50 percent stake in Alianza Fiduciaria, a Colombia-based asset management company, from the Colombian investment group Organización Delima. The agreement represents the first step in a process by which Advent International will become a shareholder in Alianza Fiduciaria. Financial details… Read More
Evercore Mexico Capital Partners (EMCP), the Mexican private equity business of investment banking firm Evercore Partners, has raised US$201 million for Evercore Mexico Capital Partners III (EMCP III). EMCP III, which was launched in the second quarter of 2012, will employ EMCP’s strategy of making minority investments in high-growth,… Read More
The Abraaj Group, an investor operating in the growth markets of Asia, Africa, Latin America and the Middle East, has agreed to acquire a 100 percent stake in Ghana-based Fan Milk International (FMI), a manufacturer and distributor of frozen dairy products and juices in West Africa. FMI intends to… Read More
Investcorp, a Bahrain-based manager of alternative investment products, has agreed to acquire a 38 percent stake in Al Yusr Industrial Contracting Company, a provider of technical industrial support services to the petrochemical, oil and gas sectors in Saudi Arabia and Qatar. The investment was structured through Investcorp’s Gulf Opportunity… Read More
ChrysCapital, an investment firm that focuses on growth sectors in India, has acquired a 4 to 4.5 percent stake in India-based Infotech Enterprises from venture capital firm Sequoia Capital India. Infotech Enterprises is an IT services firm that provides engineering solutions to organizations worldwide, and is listed on both… Read More
CITIC Capital, a China-based alternative investment management and advisory firm, has held a final close of US$683 million on its China Retail Properties Investment Fund, exceeding the original target of US$600 million. Since the first closing in late 2011, the fund has invested US$250 million into three projects located… Read More
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