Global non-profit microfinance organization Accion International has invested US$3 million in Zonamovil, a Chilean provider of managed services for the wireless telecom market. Zonamovil, which operates under the name of Tiaxa, provides billing and rating services for prepaid mobile users along with financial and business intelligence services. Tiaxa plans… Read More
U.S.-headquartered infrastructure investor Global Infrastructure Partners (GIP) has announced the final close of its second fund, GIP II, with US$8.25 billion in commitments. GIP invests in infrastructure assets that provide services in the energy, transport, water and waste sectors, and focuses on both developed and emerging markets. Read More
Indian private equity investor Fulcrum Venture India has exited its holding in Indian real estate firm Casa Grande, a developer of luxury villas and apartments, by selling its stake to the management of Casa Grande for INR500 million (approximately US$9.6 million). Fulcrum originally invested INR48 million (approximately US$1 million)… Read More
Global multi-asset class investment manager PineBridge Investments has reached the second close of its Mexico-focused fund of funds at MXN2.68 billion (approximately US$209 million). The fund of funds is structured as a certificado de capital de desarrollo (CKD), a vehicle listed on the Bolsa Mexicana de Valores that allows… Read More
South African alternative asset management firm Capitalworks Equity Partners is acquiring a majority stake in Rhodes Food Group, a South African diversified foods producer. Rhodes Food Group produces prepared meals, dairy products, pies and canned foods, and operates its own agricultural and processing facilities. Financial details of the transaction… Read More
Australian buyout firm CHAMP Private Equity has agreed to purchase a 33.2 percent stake in Miclyn Express Offshore (MIO), a Singapore-based provider of service vessels to the oil and gas industry, from global investment firm Macquarie Capital Group. The transaction, which is expected to take place in October 2012… Read More
Sub-Saharan Africa-focused private equity fund manager XSML has invested in SOGETRA, a river and road transportation company in the Democratic Republic of the Congo, through its Central Africa SME Fund, which is targeting US$25 million in commitments. SOGETRA plans to use the investment to construct new barges and tugboats… Read More
South African asset management and advisory firm Marlow Capital has acquired an indirect holding in Waste Giant, a South African supplier of commercial and industrial waste solutions, through its portfolio company Wasteman Holdings, a South African waste management company. The investment will allow Wasteman to develop waste treatment assets,… Read More
Russian private equity firm Baring Vostok Capital Partners has closed its fifth Russia-focused fund, Baring Vostok Private Equity Fund V, at US$1.5 billion. The fund is divided into two components: a US$1.15 billion main fund which operates as a traditional private equity fund and a US$350 million… Read More
Uganda-based agriculture investment management firm Pearl Capital Partners has made its second investment in Tanzanian seed company Highland Seed Growers. The US$1.25 million investment was made using a quasi-equity debt instrument using capital from the US$12 million African Seed Investment Fund (ASIF). Pearl Capital Partners manages ASIF on behalf… Read More
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