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Headlines
Industry News "Actis Raises US$2.9 Billion for Emerging Markets" (Industry News) "Baring to Invest in Sphaera Pharma" (Asia) "IFC Launches Emerging Markets SME Ventures Fund" (Industry News) "Nextzon to Establish Fund for Start-ups in Nigeria" (Africa) "Ancora Gets up to 5 Percent of Bumi Resources" (Asia) "Addax Bank Launches US$35 Million Middle Eastern Fine Art Fund" (Middle East) "IGNIA Completes Second Closing, Bringing Fund I to US$34 Million" (Latin America and the Caribbean) "Delta Partners Looks for Investments in South Africa" (Africa) "TPG Capital Sells BankThai Stake to Malaysian CIMB" (Asia) "UCP Forms New US$250 Million Investment Fund" (Central and Eastern Europe and the Commonwealth of Independent States) "Softbank China Raising Yuan Fund" (Asia) "EQT Infrastructure Fund Closes at US$1.5 Billion" (Industry News) Events EMPEA Events Industry Events Industry News "Actis Raises US$2.9 Billion for Emerging Markets" (Industry News) Financial Times (12/01/08) Arnold, Martin Private equity firm Actis has closed a new global emerging markets fund with US$2.9 billion in committed capital, higher than the original target of US$2.5 billion. The fund has already made eight investments. Return to Headlines "Baring to Invest in Sphaera Pharma" (Asia) Financial Express (India) (11/25/08) Baring Private Equity Partners India will invest US$10 million in Sphaera Pharma, an India-based integrated drug discovery and development company. Under the terms of the agreement, Baring may invest up to an additional US$5 million at a later time. Return to Headlines "IFC Launches Emerging Markets SME Ventures Fund" (Industry News) IFC News Release (11/24/08) The International Finance Corporation has launched the US$50 million SME Ventures Fund. The fund will invest in small and midsize enterprises in Bangladesh, Bhutan, Central African Republic, Democratic Republic of Congo, Liberia, Nepal, Sierra Leone and Yemen. Return to Headlines "Nextzon to Establish Fund for Start-ups in Nigeria" (Africa) Business Day (Nigeria) (11/24/08) Nigeria-based investment firm Nextzon Business Services is establishing a fund dedicated to investments in Nigerian start-ups. The fund will target US$20 million in commitments. Return to Headlines "Ancora Gets up to 5 Percent of Bumi Resources" (Asia) Reuters (11/29/08) Webb, Sara Indonesia-based private equity firm Ancora Capital Management has acquired a stake of up to 5 percent in Indonesian coal miner Bumi Resources. The transaction is valued at approximately US$75 million. Return to Headlines "Addax Bank Launches US$35 Million Middle Eastern Fine Art Fund" (Middle East) Zawya.com (11/19/08) Bahrain-based Addax Bank has launched the Middle Eastern Fine Art Fund in partnership with London-based art fund manager The Fine Art Fund Group, targeting total commitments of US$35 million. The fund will invest in contemporary artwork across the Middle East. Return to Headlines "IGNIA Completes Second Closing, Bringing Fund I to US$34 Million" (Latin America and the Caribbean) PRNewswire (11/25/08) Mexico-based social venture fund IGNIA Fund I has held its second closing with US$34 million in commitments. The fund is targeting total commitments of US$50-75 million. Return to Headlines "Delta Partners Looks for Investments in South Africa" (Africa) ITWeb (11/25/08) Dubai-based private equity firm Delta Partners is seeking investments in South Africa for a new US$80 million fund. The firm says that it will target investments in South Africa's telecommunications sector as well as the Middle East and North Africa and other emerging markets, such as Russia and Eastern Europe. Delta Partners opened a Johannesburg office earlier this year. Return to Headlines "TPG Capital Sells BankThai Stake to Malaysian CIMB" (Asia) Reuters (11/25/08) US-based private equity firm TPG Capital will sell its 37 percent stake in Thailand's BankThai to CIMB of Malaysia for approximately US$233 million. CIMB acquired a 42 percent stake in BankThai in October from an arm of Thailand's central bank. Return to Headlines "UCP Forms New US$250 Million Investment Fund" (Central and Eastern Europe and the Commonwealth of Independent States) Russia & CIS Business and Financial Newswire (11/24/08) Russia-based United Capital Partners is set to launch its fourth fund, UCP Enterprise Fund, which is targeting total commitments of US$250 million. The fund will primarily focus on investments in Russia. Return to Headlines "Softbank China Raising Yuan Fund" (Asia) Reuters (11/10/08) SB China Venture Capital is raising its first yuan-denominated fund, targeting up to RMB2 billion (US$293 million) in commitments. The fund will invest in China's high-tech sector. Return to Headlines "EQT Infrastructure Fund Closes at US$1.5 Billion" (Industry News) Business Wire (11/17/08) Sweden-based private equity firm EQT Partners has closed its EQT Infrastructure Fund with commitments totaling US$1.5 billion, higher than the original target of US$1.2 billion. The fund will primarily focus on infrastructure and infrastructure-related services in Eastern and Northern Europe, but also has a mandate to invest in other regions, including Asia. Return to Headlines
Events
EMPEA Events Webcast: Marketing Your Fund to LPs in Today's Market Conditions 4 December 2008 Emerging Markets Private Equity Forum New York 26-27 March 2009 Return to Headlines Industry Events Cleantech Forum Shanghai 3-5 December 2008 Shanghai, China Mezzanine & Leveraged Finance Asia-Pacific 2008 9-10 December 2008 Excelsior Hong Kong Capital Creation London - Private Equity Outlook and Opportunities in 2009 and Beyond 11-12 December 2008 The Dorchester, London Return to Headlines Abstract News © Copyright 2008 INFORMATION, INC. 
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3 December 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  |