B Capital and Insignia Venture Partners led a USD53m Series B for Indonesia-based fintech Payfazz, with participation from new investor BRI Ventures and follow on from Tiger Global Management, Y Combinator, ACE & Company, and Quiet Capital. Read more… Read More
Singapore-based alternative asset manager Indies Capital Partners has reached a USD100m first close for its third fund to target structured credit and private equity deals in Southeast Asia, with a particular focus on Indonesia. Temasek’s Pavilion Capital was reportedly an anchor investor. Read… Read More
The Carlyle Group has exited its remaining stake in India-based diagnostic chain Metropolis Healthcare for INR842m (approximately USD11.3m) via a sale to SBI Life Insurance Company, ICICI Prudential Mutual Fund, Aditya Birla Sun Life Mutual Fund, and Sundaram BNP Paribas Mutual Fund. Read more… Read More
Intel Capital has agreed to invest USD253.5m in India-based telecommunications and technology company Jio Platforms, a subsidiary of Indian conglomerate Reliance Industries, for a 0.39% stake. Jio is now valued at USD65b. Read more… Read More
KKR has agreed to acquire a 54% stake in India-based JB Chemicals & Pharmaceuticals for INR31b (approximately USD415m). The deal, valued at USD500m, will trigger an open offer for an additional 26% that might see KKR owning up to a 64.9% stake in the company. Read more… Read More
The Global Climate Partnership Fund, an emerging markets-focused fund managed by responsAbility Investments, has invested USD10m in India-based solar solutions provider CleanMax to support its expansion into Southeast Asia. Read more… Read More
Auster Capital has reached a USD500m+ first close for its debut fund, Auster Capital I. The vehicle, which targets USD1b, will invest in the industrial manufacturing, consumer, and health care sectors in Europe and will focus on businesses that plan to benefit from Chinese growth potential or expect… Read More
Global growth equity fund manager TA Associates has invested USD150m in India’s National Stock Exchange (NSE) for a 2.3% stake. This brings the reported valuation of the exchange to approximately USD6.5b. Read more… Read More
The Carlyle Group has agreed to invest USD235m for a 25% stake in Indian telco Airtel’s data center business Nxtra Data. Read more… Read More
The 16th annual edition of EMPEA’s Global Limited Partners Survey features the views of 109 limited partners (LPs) on the current conditions and outlook for private capital in emerging markets (EM). This study aims to shed light on how LP investment plans are evolving and what factors are affecting LP… Read More
(default archive template)