GPCA covers the latest fund, investment and industry news across our markets in two newsletters: NewsWatch is a weekly round-up of key transactions across asset classes; the Global Tech Brief is a bi-weekly review of tech transactions and innovations with cross-border applications. Subscribe in the left-hand sidebar.
Access past editions of NewsWatch here.
Quadria Capital Closes Its Asia-focused Healthcare Fund with US$304 Million (Asia)
Healthcare-focused private equity fund manager Quadria Capital has reached a final close for Quadria Capital Fund with US$304 million in capital commitments. Investors in the fund included development finance institutions Overseas Private Investment Corporation and International Finance Corporation, as well as India-based asset management company Religare Global Asset Management. The South- and Southeast Asia-focused fund seeks investments across healthcare delivery, life sciences, medical… Read More
TPG, Square Peg Capital and Emtek Group to Invest SGD175 Million in PropertyGuru Group (Asia)
Singapore-based online property company PropertyGuru Group has announced a SGD175 million (approximately US$129 million) investment from a consortium of three investors: global private investment firm TPG, venture capital firm Square Peg Capital and Indonesia-based media company Emtek Group. The investment will support PropertyGuru’s innovation, marketing and further expansion in Southeast Asia. The transaction is expected to close by mid-June. Read More
American Capital Energy & Infrastructure to Invest in a Wind Power Project (Sub-Saharan Africa)
American Capital Energy & Infrastructure (ACEI), an investor in global energy infrastructure assets, has committed to invest an estimated EUR76 million (approximately US$84 million) in a wind power project in Senegal. The total cost of the project is estimated to be EUR305 million (approximately US$339 million), with undisclosed senior debt and mezzanine lenders providing the EUR229 million (approximately US$254 million)… Read More
RRJ Capital Leads a US$250 Million Investment in China Logistics Property Holdings (Asia)
Asia-focused private equity firm RRJ Capital has led a US$250 million investment in China-based logistics property developer and service provider China Logistics Property Holdings (CNLP). The investor consortium included additional undisclosed investors from Singapore, Europe, the United States and Canada. CNLP will use the investment to expand its network of logistics warehouse projects in China. RRJ Capital previously participated in… Read More
International Housing Solutions Invests in Housing Development Ravenswood (Sub-Saharan Africa)
International Housing Solutions (IHS), an investment firm focused on residential housing, has invested in Ravenswood, a South Africa-based 188 unit residential rental development in the suburbs of Johannesburg. The investment was structured through IHS Fund II. Financial details of the transaction were not disclosed. Read More
Zhanjiang Newpro Foods Receives a US$6.5 Million Funding Round from CNEI (Asia)
China-focused growth capital fund manager China New Enterprise Investment (CNEI) has invested US$6.5 million in Zhanjiang Newpro Foods, a China-based prawn farming and processing company. Newpro sells larvae and baby prawns to cultivators and farmers in China and processed prawn products to distributors and wholesalers in both export and domestic markets. CNEI first invested US$9.7 million in the company in… Read More
Navis Capital Partners to Acquire Singapore-based Imperial Treasure Restaurant Group (Asia)
Southeast Asia-focused private equity firm Navis Capital Partners has agreed to buy a majority stake in Singapore-based Imperial Treasure Restaurant Group, which operates a chain of restaurants under the Super Peking Duck brand. The deal is reportedly valued at SGD60 million (approximately US$45 million) to SGD80 million (approximately US$59 million). Imperial Treasure will use the investment to accelerate its expansion… Read More
Barghest Building Performance Secures Mezzanine Funding from Tembusu Partners (Asia)
Singapore-based energy efficiency services company Barghest Building Performance (BBP) has received a mezzanine investment from Emerging Asia-focused private equity investment firm Tembusu Partners. The investment was structured though Tembusu Growth GIP Fund III. BBP intends to use the investment to grow its client base across more sectors in Singapore and the surrounding region. Financial details of the transaction were not… Read More
ACON Investments Acquires Packaging Companies in Peru and Colombia (Latin America)
United States- and Latin America-focused international private equity investment firm ACON Investments has acquired Intecplast, a Colombia-based rigid plastic packaging manufacturer focused on personal care, cosmetics and pharmaceuticals, and Pieriplast, a Peru-based supplier of luxury packaging solutions for the direct sales cosmetics industry in the Andean Region. Intecplast and Pieriplast will be consolidated to form Amfora Packaging, a new holding… Read More
IFC, AMC and Bertelsmann Back Corporate Training Company Affero Lab (Latin America)
International Finance Corporation (IFC), a development finance institution, IFC Asset Management Company (AMC), a wholly-owned subsidiary of IFC, and Bertelsmann, a global media, services and education company, have invested in Brazil-based corporate training company Affero Lab. AMC’s investment was structured though IFC African, Latin American, and Caribbean Fund. Post-transaction, Bertelsmann will hold more than 40 percent of the company, while… Read More
IDG Ventures India Participates in a Funding Round for Uniphore Software Systems (Asia)
Uniphore Software Systems, an India-based speech recognition solutions company, has received a round of funding from venture capital firm IDG Ventures India and YourNest Angel Fund, an India-focused early stage fund. Uniphore will use the investment to scale its technology development efforts and expand into new global markets. Financial details of the transaction were not disclosed. Read More
Warburg Pincus Invests in Ecom Express (Asia)
Global private equity firm Warburg Pincus has invested more than INR8.5 billion (approximately US$133 million) in India-based e-commerce logistics company Ecom Express. Ecom Express will use the new investment to grow its operations in rural areas and small towns in India, strengthen its technology and infrastructure and expand its management. Read More