Global emerging markets private equity investor CVCI Private Equity has acquired 30 percent of Wuttisak Clinic Inter Group, a Thailand-based provider of health and beauty services, in partnership with local private equity manager Thai Strategic Capital. Wuttisak has over 100 clinics in Thailand and plans to expand… Read More
First Carlyle Ventures, an Asia-focused growth capital affiliate of The Carlyle Group, has bought 22.6 million shares of South Indian Bank, representing a 2 percent stake in the company, on the Bombay Stock Exchange at a price of INR26.5 per share, resulting in a total investment of… Read More
Fortune Venture Capital, a China-based venture capital firm, has invested RMB100 million (US$15.8 million) in Aiyaya, a local women’s accessories manufacturer and retailer. Aiyaya plans to use the financing to expand e-commerce and logistics operations, with the goal of a public listing in 2013. Read More
CDC, the U.K.’s development finance institution, has announced a cornerstone investment of US$15 million in the Schulze Global Ethiopia Growth and Transformation Fund I. The fund has a target of US$100 million and will seek to invest between US$1 million and US$10 million per transaction in small-… Read More
Peninsula Investments Group, a U.S.-based asset management firm focused on Latin American real estate, has closed its second fund with US$76 million in total commitments. Peninsula Investments Group II, which is already 50 percent committed, invests in middle-income residential development projects in Brazil, Colombia, Mexico, Panama, Peru and Uruguay. Read More
For a third consecutive year, Keystone (the General Manager of GrowthGate) has published a white paper that is the collective work of: (i) Harvard Business School (HBS) faculty members (MBA – Class 2012), (ii) Prof. Josh Lerner of HBS and one of the leading authorities on Private Equity (PE)… Read More
Emerging Capital Partners (ECP), a U.S.-based pan-African private equity manager, has invested in Nairobi Java House, a Kenyan café and restaurant operator. ECP, which also announced the opening of a new office in Nairobi, made the investment through its latest fund, ECP Africa Fund III. Financial terms of the… Read More
Brazilian investment bank BTG Pactual’s private equity fund, BTG Pactual Principal Investments FIP, and BTG Pactual subsidiary holding company, BTG Investments LP, have reached an agreement to acquire 42.3 percent of Leader Participações for BRL665 million (approximately US$333 million), through a combined purchase of existing equity and new shares. Read More
GP Investments, an alternative asset investment firm in Latin America, has reached an agreement to sell 100 percent of FC Holdings, the holding company for Brazilian steakhouse Fogo de Chão Churrascaria, to U.S.-based private equity firm Thomas H. Lee Partners for an enterprise value of US$400 million. In partnership… Read More
DEG (Deutsche Investitions- und Entwicklungsgesellschaft), the development finance arm of Germany’s KfW Bankengruppe, has partnered with London-based Duet Group and U.S.-based Vasari Group to invest US$90 million in Dashen Brewery of Ethiopia. DEG will provide US$12.5 million of its own capital as part of the deal. Dashen, which produces… Read More
(default archive template)