"Delta Partners Invests in Aricent" (Middle East)
PRNewswire (01/31/10)
Dubai-based emerging markets-focused investment firm Delta Partners has acquired a stake in U.S.-based Aricent, a technology and services company with offices in Dubai. The investment, details of which were not disclosed, was made from Delta's MENA Telecom Fund.
"Helios Acquires Ghanaian Communication Towers" (Africa)
AltAssets.com (02/02/10)
Helios Capital, an emerging markets-focused private equity firm, has acquired 750 towers in Ghana as part of its drive to develop telecommunications infrastructure in Africa. The firm acquired the towers from Tigo Ghana, a subsidiary of Millicom International Cellular.
"Accel Partners Leads US$20 Million Funding Round for KupiVIP.ru" (Central and Eastern Europe and the Commonwealth of Independent States)
Invest IQ (02/03/10)
U.S.-based venture capital firm Accel Partners has led a US$20 million round of fundraising for KupiVIP.ru, a Russian online shopping club. Mangrove Capital Partners also participated in the investment.
"Quadrangle Capital, Others Invest US$300 Million in Tower Vision" (Asia)
Dow Jones Newswires (02/03/10)
Quadrangle Capital Partners, the private equity arm of Quadrangle Group, and six other financial institutions jointly invested more than US$300 million to acquire a "significant minority stake" in Tower Vision, an Indian telecommunications tower management company. The deal is Quadrangle Capital's first in the region.
"Aurora Acquires 46 Percent Interest in Labat" (Africa)
Moneyweb (02/04/10)
Aurora Empowerment Systems—a black economic empowerment company headed by Zondwa Mandela, Nelson Mandela’s grandson, and chaired by Khulubuse Zuma, the nephew of President Jacob Zuma—has agreed to acquire a 46 percent stake in South Africa’s Labat Africa from Link Private Equity and Investments. Labat's principal activity is designing, manufacturing and marketing performance analogue and mixed signal integrated circuits. The deal is valued at approximately US$584,000.
"Franklin Templeton to Invest US$20 Million in Shiv-Vani" (Asia)
Reuters (02/02/10)
U.S.-based fund manager Franklin Templeton is investing US$20 million in Shiv-Vani Oil & Gas Exploration Services, an India-based company engaged in the exploration and production of oil and natural gas. Citigroup Venture Capital International already holds a six percent stake in the company.
"DEG Acquires 23 Percent Stake in Indonesian Insurance Firm" (Asia)
Earthtimes (01/27/10)
German development finance institution DEG has acquired a 23 percent stake in Indonesian insurance firm PT Avrist Assurance. The value of the transaction was not disclosed.
"Gavea to Raise New PE Fund" (Latin America and the Caribbean)
Latin Finance (02/10)
Brazil-based asset manager Gavea Investimentos is set to launch fundraising for its fourth fund once its third fund, which closed with US$1.2 billion in total commitments in 2008, is fully subscribed. Gavea’s fourth fund will aim to match or exceed commitments raised by GIF III.
"CRG Capital Reaches Deal to Sell Wosana Stake" (Central and Eastern Europe and the Commonwealth of Independent States)
Invest IQ (02/01/10)
Asset manager and investment advisor CRG Capital has reached an agreement to sell its 41.8 percent stake in Polish beverage producer Wosana to Wosana's majority owner, Pawel Lyson, for an undisclosed sum. CRG Capital focuses on underperforming, distressed and special situations asset classes in Central and Eastern Europe and the countries of the Commonwealth of Independent States.
"EMP Latin America Announces Investment in Leading Mexican Palm Oil Operation" (Latin America and the Caribbean)
EMP Latin America (02/01/10)
EMP Latin America has announced US$17 million in financing, structured as a long-term mezzanine loan, for Promocion e Industrializacion de Palma and its subsidiary Propalma, the largest vertically-integrated palm oil producer in Mexico. The financing was made through the US$150 million Central American Mezzanine Infrastructure Fund.
"Citi to Sell 5 Percent of MCX to Ashmore" (Asia)
Trading Markets (02/03/10)
Citigroup Mauritius Strategic Holdings is reportedly selling its five percent stake in Multi Commodity Exchange of India (MCX) to U.K.-based private equity firm Ashmore Group. The deal is valued at approximately US$40 million.
"HydroChile Receives US$200 Million Investment From Eton Park" (Latin America and the Caribbean)
Eton Park Capital Management (02/05/10)
Funds managed by global investment firm Eton Park Capital Management have invested US$200 million in HydroChile, a Chilean company founded in early 2007 with the objective of developing and operating small hydroelectric power projects.
"Aureos Raises US$381 Million for New Africa Fund" (Africa)
Reuters (02/08/10)
Private equity firm Aureos Capital has held the final closing of a fund aimed at small and midsize businesses in Africa with US$381 million in total commitments. The Aureos Africa Fund has already invested approximately US$120 million in ten companies, including an East African milk production firm, a Nigerian biscuit manufacturer and a cement company in Senegal.