UK private equity firm DPI raises $900m for African investments
Development Partners International exceeded its initial target of raising $800m for its African Development Partners III Fund Development Partners International (DPI), a UK-based private equity firm that invests in Africa, has raised $900m to invest in companies on the continent. The firm exceeded its initial target of raising $800m for its African Development Partners III […]
Konfío completes $235m capital raise at a $1.3bn valuation
Konfío, a technology company aimed at boosting the growth and productivity of companies in Mexico, has closed a $110 million extension of its series ‘E’ capital raising round at a $1.3 billion valuation. This completes Konfío’s Series E round for a total of $235 million. Konfío, founded and led by David Arana, will use the […]
Airwallex raises $200m Series E funding round Led by Lone Pine Capital
Airwallex has raised $200 million in an oversubscribed Series E financing round, increasing the company’s valuation to $4 billion. This latest investment follows an extended Series D capital raise earlier this year in March, cementing Airwallex’s position as one of the fastest-growing unicorns amid an unprecedented business environment affected by Covid. “This latest round was […]
Partners Group raises $15 bln for private equity investing
Partners Group Holding AG (PGHN.S) told Reuters on Monday it raised $15 billion for a private equity program to invest in assets such as technology, healthcare, and consumer goods companies. Partners Group amassed $6 billion for its fourth flagship direct equity fund and an additional $9 billion through separately managed accounts investing alongside the fund, Partners […]
QED Investors closes $1.05bn Fund VII
QED Investors, a global fintech venture capital firm, has closed a significantly oversubscribed seventh fund (Fund VII), with capital commitments of $1.05 billion. Fund VII is comprised of a $550 million early-stage fund and a $500 million growth-stage fund. These funds will allow QED Investors to continue to invest in fintech companies primarily in the […]
Pictet Alternative Advisors raises $350m for debut thematic private equity fund
Pictet Alternative Advisors (PAA), the alternative investment specialist of the Pictet Group, has held the final close of its debut thematic private equity fund focused on technology at its hard cap of $350 million. The Pictet Thematic Private Equity – Technology is a fund of funds exclusively dedicated to technology investments and innovation. PAA’s expertise […]
Brookfield Seeks Up to $15 Billion for Private Equity Fund
Brookfield Asset Management Inc. is seeking to raise $12 billion to $15 billion for its third flagship private equity fund after making a string of acquisitions, according to people familiar with the matter. The Toronto-based firm is expected to start fundraising later this month and complete it by early 2022, the people said, asking not […]
10T raises $750m for Digital asset ecosystem investments
10T Holdings (10T), a mid-to-late-stage private equity firm focused on companies operating in the digital asset ecosystem, has closed its inaugural growth equity funds, 10T Fund, LP and 10T DAE Expansion Fund, LP (the “Funds”), with nearly $389 million in capital commitments. Together with co-investment and sub-advised vehicles, 10T raised approximately$750 million for the strategy, […]
KKR leads Series B funding round in Vietnam’s KiotViet
KKR is to participate as the lead investor in a $45 million Series B funding round by KiotViet, a merchant platform for micro, small, and medium enterprises (MSMEs) in Vietnam, with participation from its existing investor, Jungle Ventures. KiotViet aims to drive the digital transformation of MSMEs, a key segment that accounts for approximately 40 […]
Geely’s EV brand Zeekr raises $500 million in first external funding
Zeekr, the electric vehicle brand by Geely, said on Friday it raised $500 million in its first external funding from investors including Intel (NASDAQ:INTC) Capital, battery maker CATL, and online entertainment firm Bilibili (NASDAQ:BILI). Led by Chief Executive Andy An, who is also Geely’s president, Zeekr said investors would jointly hold a 5.6% stake in […]
