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Headlines
Industry News "Darby Closes US$236 Million Mezzanine Infrastructure Fund for Brazil" (Latin America and the Caribbean) "Aureos Africa Fund Holds US$253 Million First Closing" (Africa) "GP Investments Agrees to Acquire a Minority Stake in Imbra" (Latin America and the Caribbean) "Absa Targets US$1.7 Billion for Second South Africa Fund" (Africa) "IDFC Picks Up 17 Percent Stake in SE Forge" (Asia) "OPIC to Back Renewables" (Industry News) "African Fund Buys Into Turkish Retailer" (Central and Eastern Europe and The Commonwealth of Independent States) "Mid Europa Buys Lehman’s Stake in Falcon Group" (Central and Eastern Europe and The Commonwealth of Independent States) "South African Cleantech Fund Raises US$48 Million" (Africa) "Dubai Group Acquires 51 Percent Acacia Stake" (Middle East) "GVFL Picks Up 26.8 Percent Stake in Pegasus" (Asia) "Enterprise Investors Announces EUR143 Million Public Tender Offer for Kofola-Hoop" (Central and Eastern Europe and The Commonwealth of Independent States) Events EMPEA Events Industry Events Industry News "Darby Closes US$236 Million Mezzanine Infrastructure Fund for Brazil" (Latin America and the Caribbean) AltAssets.com (09/29/08) Darby Overseas Investments, the private equity arm of Franklin Templeton Investments, has announced the closing of the Brazil Mezzanine Infrastructure Fund with US$236 million in committed capital. Fundraising was completed through a joint venture with Brazil-based private equity firm Stratus Group. Return to Headlines "Aureos Africa Fund Holds US$253 Million First Closing" (Africa) AltAssets.com (10/01/08) Aureos Capital's Aureos Africa Fund has held its first closing with US$253 in commitments. The fund, which will invest in midsize companies having pan-African ambitions, is targeting US$400 million. Return to Headlines "GP Investments Agrees to Acquire a Minority Stake in Imbra" (Latin America and the Caribbean) FactSet Flashwire (10/01/08) GP Investments will acquire a 45 percent stake in Imbra, operator of the largest chain of dental clinics in Brazil, for approximately US$96.4 million. The investment will be made through GP Capital Partners V. Return to Headlines "Absa Targets US$1.7 Billion for Second South Africa Fund" (Africa) Private Equity Online (09/29/08) Levin, Matt South Africa-based Absa Capital Private Equity is raising Absa Capital Private Equity II, targeting US$1.7 billion in commitments. The fund will invest in upper middle market companies in South Africa. Return to Headlines "IDFC Picks Up 17 Percent Stake in SE Forge" (Asia) Business Standard (India) (09/29/08) India-based IDFC Private Equity has acquired a 17 percent stake in India-based SE Forge, a subsidiary of Suzlon Energy. The deal is valued at approximately US$85 million. SE Forge operates two foundries in India. Return to Headlines "OPIC to Back Renewables" (Industry News) Your Renewable News (09/24/08) The US Overseas Private Investment Corporation (OPIC) has approved US$505 million in financing for six new private equity funds focused on clean and renewable energy projects in emerging markets. The funds include South Asia Clean Energy Fund, which will invest in companies and projects that support the need for cleaner forms of energy in the region; FE Global Clean Energy Services Fund IV, which will invest in renewable energy and energy-efficient emission reduction projects in Asia, Central and Eastern Europe and Latin America; and Middle East & Asia Capital Partners Clean Energy Fund II, which will invest in clean energy projects in India, Indonesia, Malaysia, Pakistan, the Philippines, Thailand and Vietnam. The six funds are targeting commitments totaling US$1.6 billion. Return to Headlines "African Fund Buys Into Turkish Retailer" (Central and Eastern Europe and The Commonwealth of Independent States) Turkish Daily News (Turkey) (09/29/08) SU Private Equity, managed by South Africa-based Standard Bank Group, has acquired a 20 percent stake in Turkish wholesale supplier Bizim Wholesale Chain for an undisclosed sum. Also holding a 20 percent stake in Bizim is US-based Strategic Investment Fund. Return to Headlines "Mid Europa Buys Lehman’s Stake in Falcon Group" (Central and Eastern Europe and The Commonwealth of Independent States) Private Equity HUB (10/03/08) Private equity firm Mid Europa Partners has agreed to acquire an additional 37.3 percent stake in Falcon Group, which owns 100 percent of Ceske Radiokomunikace (CRa) and 39.2 percent of T-Mobile Czech Republic (TMCZ), from consortium partner Lehman Brothers. With the acquisition, Mid Europa will own a 74.6 percent stake in Falcon Group. CRa is the leading national provider of analogue and digital TV and radio broadcast transmission services and a leading alternative provider of telecommunications services in the Czech Republic. TMCZ is the market leader in mobile telecommunications services in the Czech Republic. Return to Headlines "South African Cleantech Fund Raises US$48 Million" (Africa) GreentechMedia.com (09/30/08) Wang, Ucilia South Africa-based private equity firm Inspired Evolution has raised US$48 million for its Evolution One Fund, a clean technology fund that will invest in the 12-country South African Development Region. The fund is targeting a total of US$120 million in commitments. Return to Headlines "Dubai Group Acquires 51 Percent Acacia Stake" (Middle East) Gulf Daily News (Bahrain) (09/28/08) Dubai Ventures, the UAE-based private equity arm of Dubai Group, has acquired a 51 percent stake in Acacia Real Estate, a Bahrain-based real estate investment company. The deal is valued at US$76.9 million. Return to Headlines "GVFL Picks Up 26.8 Percent Stake in Pegasus" (Asia) Business Standard (India) (09/22/08) Umarji, Vinai Gujarat Venture Finance Limited (GVFL), a venture capital company based in India, has acquired a 26.8 percent stake in India-based Pegasus Semiconductor, a provider of energy efficient and low-cost lighting solutions, for approximately US$730,000. The acquisition was made through the Gujarat IT Fund. Return to Headlines "Enterprise Investors Announces EUR143 Million Public Tender Offer for Kofola-Hoop" (Central and Eastern Europe and The Commonwealth of Independent States) AltAssets.com (10/01/08) Poland-based private equity firm Enterprise Investors has offered to acquire all the remaining shares in Polish beverage company Kofola-Hoop for EUR148 million. The investment will be made through the EUR658 million Polish Enterprise Fund VI and will give Enterprise Investors a 43 percent stake in Kofola-Hoop, which operates eight factories in Poland, the Czech Republic, Slovakia and Russia. Return to Headlines
Events
EMPEA Events The Emerging Markets Private Equity Forum 4-5 November London First Annual Beijing Private Equity Forum 10 November Beijing Return to Headlines Industry Events Cleantech Forum XIX Mumbai 7-9 October 2008 Mumbai, India Investor Forum/Luncheon: Nigeria—On the BRI(N)C of an Emerging Market RVSP 11 October 2008 Washington, DC Leveraged Finance Asia 15-16 October 2008 Four Seasons, Hong Kong Third Annual LP/GP Roundtable Latin American Venture Capital Association (LAVCA) 16 October 2008 Park Central Hotel, New York Financing Energy Projects in Asia 21-22 October 2008 InterContinental, Singapore China Venture Capital Association Annual General Meeting 30-31 October 2008 Beijing Inaugural Summit: Private Equity in SEE 28 November 2008 Hotel Westin - Zagreb, Croatia Return to Headlines Abstract News © Copyright 2008 INFORMATION, INC. 
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8 October 2008
Emerging Markets Private Equity NewsWatch provides a selection of noteworthy articles pertaining to private equity investing in emerging markets and is distributed weekly to a wide audience. The Emerging Markets Private Equity NewsWatch is a publication of the Emerging Markets Private Equity Association. For more information on EMPEA and advertising inquiries, please contact: Emerging Markets Private Equity Association  |