Asia-focused private equity firm Olympus Capital Holdings Asia has led an investment round of US$50 million in China’s Huaxia Dairy Farm, a producer of milk and dairy products. Additional investors in the round includedCalifornia Technology Ventures, Grand River Capital and Herostar Holdings. Olympus Capital previously led a US$45 million… Read More
Singapore-based private equity firm KV Asia Capital has reached a first close on its first fund, which will focus on growth capital and early stage deals in Indonesia, Malaysia, Thailand, the Philippines and Vietnam. Commitments for the first close were reportedly greater than US$100 million, with the fund targeting… Read More
Venture capital firm Redpoint e.ventures, the Brazil-focused partnership between U.S-based firms Redpoint Ventures and e.ventures, has invested US$10 million in the Series B round for 55Social, a Brazilian social media marketing platform. 55Social plans to use the funding to develop its team and product offerings and to expand into… Read More
China-focused venture capital firm Northern Light Venture Capital has invested in Chinese cloud security solutions developer Anquanbao.com’s Series B investment round. Existing investor Innovation Works, a Chinese early stage investor, also participated in the round. The investment amount was not disclosed, but is reportedly valued at approximately US$10 million. Read More
Fidelity Growth Partners India, the India-focused private equity arm of Fidelity Worldwide Investment, has led an investment of INR4 billion (approximately US$75 million) in Indian wholesale medical device distributor and service provider Trivitron Healthcare. Trivitron plans to use the funding to grow both organically and through the acquisition of… Read More
Ukraine-based private equity fund manager Horizon Capital has invested US$40 million in Tinkoff Credit Systems Bank (TCS Bank), a Russian credit card company and online bank. Horizon made the investment through its US$370 million Emerging Europe Growth Fund II, which was raised in 2008. Horizon is the fourth external… Read More
Indian private equity firm Aditya Birla Private Equity has reportedly invested approximately US$15 million in Indian restaurant chain Olive Bar & Kitchen. The investment was made through Aditya Birla Private Equity’s INR3 billion (approximately US$56 million) Sunrise Fund. Olive Bar & Kitchen operates its flagship Olive restaurant chain and… Read More
Global asset manager PineBridge Investments has sold its stake in Indian aerospace and automotive components manufacturer Maini Precision Products to an undisclosed investor. The transaction is valued at INR830 million (approximately US$15.3 million). PineBridge originally invested approximately US$6.2 million in Maini in 2005. Read More
The Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank Group, will invest US$4 million in Vox Capital Impact Investing Fund I, a Brazil-focused venture capital fund managed by Vox Capital. The fund seeks to make investments in up to 10 small and medium-sized enterprises and up… Read More
Asia-focused private equity firm Olympus Capital Holdings Asia and Hong Kong-based enterprise Anoi have purchased a 40 percent stake in Chinese water treatment company Grant Achieve Global (GAG) from Chinese private equity firm China Renaissance Capital Investment (CRCI) and GAG’s management. Olympus has also acquired a warrant to purchase… Read More
(default archive template)