24 June 2026
View in browser

LAST CALL FOR SUBMISSIONS

2026 GPCA Deal Book and Awards

The deadline for submissions for the 2026 GPCA Deal Awards and GPCA Deal Book is rapidly approaching. Member firms have until 3 July to submit deals for consideration.

Both initiatives highlight fund managers who have achieved extraordinary investment outcomes in Asia, Africa, Latin America, Central & Eastern Europe and the Middle East.

The GPCA Deal Awards recognize investments across five categories:

2026 Environmental Sustainability Award (an exit is not mandatory)
2026 Social Impact Award (an exit is not mandatory)
2026 Better Tech Award (an exit is not mandatory)
2026 Deal Innovation Award (requires a partial or full exit)
2026 Deal of the Year Award (requires a partial or full exit)

Member firms can submit one deal for consideration for the Deal Awards, Deal Book or both. Firms that were featured in the 2025 Deal Book are ineligible to participate in the 2026 Deal Book but are welcome to submit for the Deal Awards.

Winners will be chosen by an independent panel of LP judges and announced at a special ceremony as part of GPCA's London programming later this year.

REQUEST SUBMISSION FORM

NEXT GEN PARTNERS

Applications Open for New Program

GPCA Next Gen Partners isn't just the curriculum — it's the people.

Participants gain access to:

Direct connections and firsthand access to some of the most influential investors across global markets, including Actis, Advent International, HarbourVest, LeapFrog Investments, L Catterton and Temasek
A highly interactive learning experience, including dedicated office hours with industry luminaries
Virtual sessions and in-person networking opportunities, including at the GPC Conference in New York
Leadership and professional development programming
A global network of peers across markets and asset classes

If you are an investment professional on the partnership track and looking to advance your career, apply now.

REQUEST INFORMATION

KEY TAKEAWAYS

GPCA CEE Leadership Council Meeting

GPCA's CEE Council convened recently, led by Council Chair Anne Fossemalle of EBRD.

Discussion highlights:

Ukraine continues to attract capital, delivering strong portfolio company growth and liquidity outcomes for LPs. In Turkey, DFIs are expanding their presence and backing local managers, while the government is supporting the private capital ecosystem through investment and targeted incentives.
Poland and Romania are advancing reforms to mobilize domestic capital, including expanding pension fund access to alternative investments and establishing government-sponsored fund-of-funds programs.
AI is increasingly driving valuations and investment decisions, particularly in software and technology sectors, outweighing regional geopolitical concerns in many transactions.

VIEW COUNCIL

data_room___lp_intelligence_nw_banner__1_

INVESTMENTS

► HCLTech and Bessemer Venture Partners invested USD234m in Sarvam, an India-based full-stack sovereign AI company, as part of the first close of its USD300m Series B at a post-money valuation of USB1.5b, with continued support from Khosla Ventures and Peak XV Partners. #Asia

► Alcazar Energy Partners has agreed to acquire New and Renewable Energy Authority’s (NREA) Gabel El Zeit, an Egypt-based 580 MW wind project. #Africa

► Avataar Venture Partners led a USD28.5m Series B for Ethereal Machines, an India-based precision manufacturing startup focused on CNC machining services, with participation from Peak XV Partners. #Asia

► 360 ONE Asset Management and TDK Ventures co-led a USD21m Series B2 for Exponent Energy, an India-based EV charging startup, with participation from Hitachi Ventures, Eight Roads Ventures, Lightspeed, 3one4 Capital, AdvantEdge VC and YourNest Venture Capital. #Asia

► Perfin increased its stake to just over 20% in Copasa, a Brazil-based sanitation utility, following the company's privatization and follow-on share offering. #LatinAmerica

► Lion City Capital, China-Belgium Direct Equity Investment Fund, JIC Investment and others invested RMB1b (USD 147.6m) in GigaAI, a China-based general intelligence company. #Asia

► China’s National Artificial Intelligence Industry Investment Fund, Tencent, Contemporary Amperex Technology and others invested USD7.4b in DeepSeek, a China-based AI company, in its first external funding round, achieving a valuation of more than USD50b. #Asia

► Valor Capital led a BRL50m (~USD9.7m) Series A for Vixtra, a Brazil-based fintech built for importers, with participation from Headline, NXTP, Actyus, Bluestone and Simma Capital. #LatinAmerica

► CoinFund led a USD32m Series A for Trace Finance, a Brazil-based payments and stablecoin infrastructure company, with participation from Coinbase Ventures, Valor Capital, Clocktower, FJ Labs and Haun Ventures. #LatinAmerica

► Infinity Constellation, BECO Capital, Silicon Badia and Waseel Investments invested USD7m in Algebra AI, a UAE-based AI transformation company. #MiddleEast

► A.P. Moller Capital's Emerging Markets Infrastructure Fund II agreed to acquire Mainstream Renewable Power South Africa, a South Africa-based renewable energy developer and independent power producer, from Mainstream Renewable Power. #Africa

► Investcorp acquired a stake in Metra, a UAE-based valued-added IT distributor. #MiddleEast

► 212 led a USD4m Series A for Promake, a Türkiye-based AI startup that enables small businesses to set up and manage websites through a single chat interface, with participation from Ak Portföy, Arya VC, Gelecek Impact Fund, JIMCO and Maxis Ventures. #CEE

FUNDRAISING

► Yorkville International Capital raised USD200m through an IPO for a SPAC targeting businesses operating in emerging markets, with an emphasis on Latin America and Venezuela. #LatinAmerica

► Mexico Infrastructure Partners' Fibra E (FEXI) raised MXN4.3b (~USD247.4m) through its first global follow-on offering. #LatinAmerica

► Jordan's Innovative Startups and SMEs Fund (ISSF) committed USD7m to Endeavor Catalyst V, a global co-investment fund focused on backing companies in emerging markets. #Global

► Growth Catalyst Fund reached a USD96m first close for its fund focused on Saudi-based businesses across industrials, technology, healthcare, consumer and business services. #MiddleEast