Asia Members Meeting

25 April | Singapore
#GPCAEvents

GPCA will host the next Asia Members Meeting in Singapore on 25 April 2024.

The meeting will be at White & Case from 4:30-6 pm, followed by a reception from 6-7:30 pm. This interactive discussion will highlight sustainability in 2024, including responsible AI, increasing government regulation of reporting, and how the "Year of Elections" may impact sustainability, building on the first Asia Members Meeting where we discussed investing in Indonesia, following its elections.

Speakers include David Katz (Managing Director, Global Public Affairs, KKR), Michael Tang (Head, Sustainable Development Office, SGX RegCo) and Jaclyn Seow (Director, ESG & Impact, Openspace Ventures).

If you have any questions about the program or meeting details, please contact Jia Xin Ong at jxong@gpcapital.org.

GPC Conference 2024

25-27 March | Conrad New York Downtown

#GPCAEvents

GPCA's  Global Private Capital Conference in partnership with IFC will convene on 25-27 March at the Conrad New York Downtown.

Last chance to register is this Friday, 22 March.

Finding and Backing the Best Founders in the World 

Adeyemi Ajao

Co-Founder & Managing Partner

Base10 Partners 

Eric Acher

Founder and Managing General Partner

monashees

Disrupting Traditional Banking Systems 

Runa Alam

Co-Founding Partner and CEO

Development Partners International (DPI) 

Monica Brand Engel

Co-Founder and Managing Partner

Quona Capital

Sanjay Nath

Co-Founder and Managing Partner

Blume Ventures

Mohamed Eissa

Global Head of Venture Capital 

International Finance Corporation (IFC)

Secular Trends Shaping Opportunity in the Decade to Come 

Frank Su

Managing Director, Head of Private Equity Asia

CPP Investments

Andrew Kuper

Founder and CEO

LeapFrog Investments 

Felipe Pinto

Partner and Head of Infrastructure Brazil Patria Investments

Shaun Khubchandani

Partner and Co-Head of Emerging Markets

Siguler Guff

Cate Ambrose

CEO and Board Member

Global Private Capital Association (GPCA)

INVESTMENTS

► KKR agreed to invest USD400m in Pinnacle Towers, a Philippines-based independent telecom tower operator. KKR first invested in the company in 2020. #Asia

► Advent International led a BRL1b (~USD200m) investment in Inspira, a Brazil-based K-12 education network operating 100 schools, with participation from CPP Investments. #LatinAmerica

► Teachers’ Venture Growth, the late-stage venture and growth investment arm of Ontario Teachers’ Pension Plan, agreed to invest USD80m in Perfios, an India-based lending solutions provider. Perfios will become the second new unicorn in India this year following Krutrim in January. #Asia

► Foursan Group acquired a 33% stake in Medjool Village, a Jordan-based Medjool dates supplier. #MiddleEast

► Adenia Partners agreed to acquire 12 Africa-based subsidiaries of Air Liquide, an industrial and medical gas supplier. #Africa 

► Vinci Partners acquired to acquire Compass, a Latin America-based independent asset manager and investment advisory firm. The combined platform will manage USD50b+ in assets. #LatinAmerica

► AwanTunai, an Indonesia-based point-of-sale financing solution, raised a USD27.5m Series B led by MUFG Innovation Partners, Norfund and OP Financial Group. #Asia

► Upload Ventures led a USD20m round for Topsort, a Chile-founded advertising solutions platform, with follow-on from Quiet Capital and Pear Ventures. #LatinAmerica

► MPower Partners led a USD10.2m Series B1 for Rukita, an Indonesia-based move-in-ready apartment rental platform, with participation from Openspace Ventures, Golden Gate Ventures, BNI Ventures, Jeremy Lin and others. #Asia

► Qiming Venture Partners led a CNY100m+ (~USD14m+) round for ShengShu Technology, a China-based developer of generative AI infrastructure and applications, with participation from Delta Capital, Hongfu Houde and Zhipu.AI, as well as follow-on from Baidu Ventures and ZY Capital. #Asia

► Raed Ventures and Khwarizmi Ventures led a USD9.4m seed round for Buildnow, a Saudi Arabia-based construction loan provider for SMEs. The round included USD2.9m in debt financing. #MiddleEast

FUNDRAISING

► Stonepeak Partners reached a USD3.3b final close for its first Asia Infrastructure Fund focused on communications, transport, logistics and energy assets in the region. #Asia

EXITS

► GIC sold a 24% stake in India-based IRB Infrastructure Trust to Spanish infrastructure development firm Ferrovial for EUR740m (~USD810m). GIC will retain a 25% stake following the transaction. The InvIT owns a portfolio of 14 highway assets across the country. #Asia

GPC Conference 2024

25-27 March 2024

Conrad Downtown New York

Asia Members Meeting

25 April 2024

Singapore

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