Warburg Pincus has sold a 25% stake in India-listed non-banking financial company (NBFC) Capital First to a group of buyers including Singapore sovereign wealth fund GIC Private.
Market data indicates that Warburg Pincus sold its 24.3 million shares for INR727.35 each, giving it proceeds of INR17.7 billion ($274 million), while GIC paid INR725 each for its 8.7 million shares, or...
Beyond Ventures and Chinese internet giant Alibaba Group have led a $40 million funding round for Hong Kong-based genetic testing and wellness start-up Prenetics.
Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund based in the United Arab Emirates, has committed $1 billion to the Indian government’s National Investment and Infrastructure Fund (NIIF).
Australian private equity firm ROC Partners has teamed up with the state government of New South Wales and pension fund First State Super to launch a A$150 million ($118 million) equity fund targeting small to medium-sized enterprises (SME).
IMM Private Equity has agreed to buy a majority stake in W Concept Korea, an own-brand online clothing retailer owned by ISE Commerce, a multi-strategy Korean e-commerce business.