Singapore’s GIC Private has acquired an approximately 30% stake in Mergermarket Group – AVCJ’s parent company – from BC Partners. The size of the transaction was not disclosed.
Mergermarket was acquired by BC Partners via a carve-out from Pearson in 2014 for GBP382 million (then $622 million). The PE firm claims to have worked with management on various growth initiatives, including...
Singapore’s Temasek Holdings and Sweden’s EQT will commit $500 million to the launch and development of O2 Power, a renewable energy platform in India.
Indian self-driving rental platform Zoomcar has raised $30 million in Series D funding with a contribution from a Sony-branded fund managed by Innovation Growth Ventures.
Warburg Pincus generated distributions of $2 billion from its China investments last year, a record annual total for its local operation.
Several public sector organizations have committed $500 million to six funds managed by Bamboo Capital Partners under a new investment platform dedicated to achieving the UN sustainable development goals (SDGs).