The Carlyle Group has acquired 60 percent of Brazilian furniture retailer Tok&Stok from the company’s founders, Ghislaine and Régis Dubrule, who will retain the remaining 40 percent. Funding for the transaction will come from the US$1 billion pool of capital managed by Carlyle’s South America Buyout Fund and Fundo… Read More
Asia-focused alternative investments manager PAG has reach a final close at US$2.4 billion for its debut private equity fund, PAG Asia I. The fund will focus on buyout investments throughout Asia with a focus on China. Over 90 percent of the limited partners in the fund are reportedly large… Read More
Russian online video service Ivi.ru has secured a US$40 million investment from Russia-based private equity firm Baring Vostok Capital Partners and a consortium of existing shareholders including Russian venture capital funds ru-Net and Frontier Ventures, U.S.-based investment firm Tiger Global Management and Russian media and entertainment group… Read More
Emerging markets investor Actis has invested US$68 million in CNA, an English language training provider in Brazil. The investment will be partially funded through Actis’s new global fund, Actis 4. CNA operates more than 500 schools in Brazil and sells over 400,000 textbook kits per year. Actis currently has… Read More
InfraMed, an infrastructure investment vehicle focused on the Mediterranean region, and Cyprus-based renewable energy developer EP Global Energy (EPGE) have invested in the development of a 114 MW wind project in Jordan through a joint venture special purpose vehicle. InfraMed will control 49 percent of the venture with the… Read More
Frontier markets-focused investment management firm Silk Road has announced the first close of its Myanmar-focused fund, Myanmar Human Capital Fund, with US$25 million in commitments. Investors in the fund include family offices and high net worth individuals from Mongolia, Russia and the Caspian region. The fund will invest in… Read More
CLSA Capital Partners, the alternative asset management arm of CLSA Asia-Pacific Markets, has invested US$15 million in India’s Earth Water Group, a water and wastewater management company. Earth Water Group intends to use the funding to invest in technology, strengthen existing initiatives and acquire new businesses. Read More
International Finance Corporation (IFC) and the IFC African, Latin American, and Caribbean Fund (IFC ALAC Fund), a private equity fund managed by IFC Asset Management Company, has agreed to invest US$27 million in Colombian oil and gas exploration company PetroNova. Under the terms of the transaction, IFC will contribute… Read More
The Overseas Private Investment Corporation (OPIC) has committed US$150 million to the Riyada Enterprise Development Growth Capital Fund (RED), managed by Aureos Capital, the global small- and mid-cap investing platform of the Abraaj Group. RED has a total capitalization of US$400 million and focuses on the development of SMEs… Read More
The Carlyle Group and Indian private equity firm Multiples Alternate Asset Management have acquired shares in the qualified institutional placement of publicly-listed South Indian Bank. The placement, which raised INR4.43 billion (approximately US$82.3 million), saw the participation of eight investors, including Carlyle and Multiples. Carlyle invested through… Read More
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