Global alternative investment manager KKR has raised US$183 million via a Certificado de Proyectos de Inversión (CerPi) offering on the Mexican Stock Exchange (BMV). KKR raised US$100 million for the Series A tranche and US$83 million for the Series B. The two series listed under the ticker symbols KKRPI 18D… Read More
India-focused alternative investment fund managers Motilal Oswal Private Equity (MOPE) and InvAscent have reportedly invested US$100 million in Symbiotec Pharmalab, an India-based pharmaceutical ingredient manufacturer. The transaction included the acquisition of a 70 percent stake in Symbiotec from global growth markets investor Actis, as well as a primary equity investment. Read More
India-focused private equity firm Multiples Alternate Asset Management has led an investment of INR4 billion (approximately US$56 million) in APAC Financial Services, an India-based non-banking financial company. Multiples reportedly invested INR2.5 billion (US$35 million) for a 37 percent stake while the company’s management team, including founder Gunit Chadha, committed the… Read More
EMPEA Members, log in and click through for your exclusive access to the detailed report and underlying data. Fundraising for China-focused private capital vehicles reached US$31 billion in the first three quarters of 2018, more than double the US$15 billion raised in 2017. Closes for nine funds of US$1 billion… Read More
EMPEA Members, log in and click through for your exclusive access to the detailed report and underlying data. Driven by large regional and China-focused vehicles, Emerging Asia fundraising in Q1-Q3 2018 has already reached the highest yearly total since EMPEA began recording fundraising data in 2006. Accounting for 49% of… Read More
EMPEA Members, log in and click through for your exclusive access to the detailed report and underlying data. Despite recent shocks to its financial system, private capital fundraising and investment in India grew 52% and 42%, respectively, in Q1-Q3 2018 compared to the first three quarters of 2017. Bankruptcy proceedings… Read More
A consortium led by global secondaries investor Lexington Partners has completed a US$1 billion secondary transaction to acquire stakes in TPG Asia V and TPG Asia VI, funds managed by global alternative investment firm TPG. The 2007-vintage TPG Asia V and 2013-vintage TPG Asia VI originally raised US$3.8 billion and… Read More
Tencent Music Entertainment (TME), the music streaming subsidiary of China-based technology conglomerate Tencent Holdings, has raised US$1.1 billion in its initial public offering (IPO) on the New York Stock Exchange. The company sold 82 million American Depository Shares (ADS)—including 41 million primary ADS and 41 million ADS sold by existing… Read More
Accion Venture Lab, the seed-stage investment initiative of financial inclusion-focused investor Accion, has exited its stake in Aye Finance, an India-based non-banking financial company providing loans to micro, small and medium-sized enterprises. Accion continues to hold a stake in the company through Accion Global Investments, the firm’s later-stage investment vehicle. Read More
Global private equity firm Bain Capital has reached a final close for its fourth Asia buyout fund with US$4.7 billion in capital commitments. The firm and affiliated parties committed US$650 million to the fund while the remaining US$4 billion was raised from external investors. Pennsylvania Public School Employees’ Retirement System… Read More
(default archive template)