The latest edition of EMPEA’s Legal and Regulatory Bulletin explores a range of issues impacting private investment across the world (particularly, Latin America, the Middle East, Africa, China, the EU, and the US) and the implications of those issues for practitioners. Bulletin contributions: When Does a Private Fund Manager’s “Fiduciary… Read More
Southeast Asia-focused venture capital firm Insignia Ventures Partners has reached a final close for Insignia Ventures Fund II with USD200 million in capital commitments. Investors in the fund include sovereign wealth funds, university endowments, foundations, and family offices from Asia, Europe, and North America. The fund will make early-stage investments… Read More
Global private equity firm Warburg Pincus and Premji Invest, the investment firm of Wipro chairman Azim Premji, have agreed to acquire a 26 percent stake in India-based SBI General Insurance Company from Australia-listed Insurance Australia Group (IAG) for AUD640 million (approximately USD432 million). Premji Invest will acquire a 16.01 percent… Read More
Canada-based pension fund Caisse de dépôt et placement du Québec (CDPQ) has agreed to acquire India-based road portfolio Highway Concessions One (HC1) from global infrastructure fund manager Global Infrastructure Partners (GIP) for INR24 billion (approximately USD336 million). HC1 comprises seven road assets, including five toll roads and two annuity projects. Read More
Global venture capital fund manager Sequoia Capital has led a USD16 million Series A+ funding round for China-based art licensing and retail company Alfilo Brands. Netherlands-based investment company Zephyr Capital also participated in the investment. Alfilo provides cultural institutions in China and North America with direct-to-retail licensing services and holds… Read More
Southeast Asia- and India-focused venture capital fund manager Tanglin Venture Partners has reached a final close for its first fund with USD51 million in capital commitments. The fund, which has reportedly already completed six deals, will make investments of USD3 million to USD4 million in early-stage technology-focused companies in a… Read More
Global investment firm KKR and an affiliate of Singaporean sovereign wealth fund GIC have agreed to invest PHP35.3 billion (approximately USD683 million) in Metro Pacific Hospital Holdings (MPHH), a Philippines-based private hospital operator controlled by Philippines-listed Metro Pacific Investments Corporation (MPIC). The KKR-led consortium will subscribe to PHP5.2 billion (USD101… Read More
US- and India-focused venture capital fund manager Inventus Capital Partners has reached a final close for its first fund dedicated solely to India with INR3.6 billion (approximately USD51 million) in capital commitments. Investors in the fund include the Small Industries Development Bank of India, as well as institutional investors, technology… Read More
Global growth markets investor Actis has agreed to invest up to USD180 million in equity in a Series C funding round for China-based data center developer and operator Chayora Holdings. Investing through Actis Asia Real Estate Fund, Actis has already completed the USD64 million first tranche of the investment. Chayora… Read More
India-based business-to-business e-commerce portal Udaan has raised USD585 million in a Series D funding round from corporate investors Tencent Holdings and Citi Ventures, as well venture capital fund managers Altimeter Capital, Footpath Ventures, Hillhouse Capital Management, GGV Capital, Lightspeed Venture Partners, and DST Global. Udaan plans to use the new… Read More
(default archive template)