22 July 2026
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GPCA EVENTS

GPCA Investor Training in Singapore

27-28 August 2026 | Singapore

2026 Women Investor Training - Investing in Women Singapore

GPCA, in partnership with Investing in Women, an initiative of the Australian Government, and FMO, the Dutch entrepreneurial development bank, will host an in-person training that brings together investors and fund managers across Southeast Asia for a practical, peer-led day focused on gender-informed investing. Drawing on real investor experiences, the session will explore how gender-diverse teams and portfolios drive stronger returns.

A cocktail reception will be held on 27 August from 6 - 9 pm at The Nanson. The Investor Training will be held on 28 August from 9 am - 5 pm at the Sands Expo & Convention Centre.

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DEAL CASES

Gulf Capital | ART Fertility Clinics

In January 2020, Gulf Capital acquired a controlling stake in ART Fertility Clinics (formerly IVI Middle East), a UAE-based provider of assisted reproductive technologies and IVF services. At the time of investment, the company operated three clinics and had one of the highest clinical success rates in the region.

With Gulf Capital’s support, ART expanded across the UAE and India, launched a state-of-the-art genetics laboratory in Abu Dhabi and established plans to enter Saudi Arabia. In 2024, the company completed approximately 5,200 IVF cycles and reported an approximate cumulative pregnancy rate of 70% and a live birth rate of 50%. Between 2020 and 2025, ART’s Middle East revenues grew from approximately USD30m to USD70m, while EBITDA increased from approximately USD10m to USD30m.

READ THE DEAL CASE

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INVESTMENTS

► The U.S. International Development Finance Corporation and the Development Bank of Southern Africa provided USD753m in financing for the Lobito Corridor Railway, an Angola-based rail infrastructure project. Africa Finance Corporation and Eaglestone acted as financial advisors. #Africa

► I Squared Capital agreed to invest up to USD2b in digital infrastructure and district cooling assets owned by Saudi Arabia-based PIF and its portfolio companies. #MiddleEast

► Alibaba Group Holding led a new investment in AIsphere, a China-based AI video model developer, bringing the company’s Series C financing to CNY2.98b (~USD439m), with participation from Ivy Capital, Grand Mount Capital, Eastern Bell Capital, BlueFocus Communications Group and others. #Asia

► Warburg Pincus invested USD130m in Oxylabs, a Lithuania-based data infrastructure platform, at a reported USD3.6b valuation. #CEE

► Creaegis led a USD130m Series C for Emergent, an India-based AI software creation platform, with participation from Claypond, Sentinel Global, Khosla Ventures, SoftBank Vision Fund 2 and others. #Asia

► British International Investment and the Emerging Africa & Asia Infrastructure Fund provided a USD75m mezzanine debt facility for Blueleaf Energy, a Singapore-based renewable energy platform. EAAIF, managed by Ninety One, financed 50% of the facility underwritten by BII. #Asia

► Tether led a USD20m Series C for Mercado Bitcoin, a Brazil-based digital asset platform, with participation from SoftBank. #LatinAmerica

► Bain Capital and Variant Fund led a USD13.5m Series A for Infinia, a Uruguay-based digital finance infrastructure platform, with participation from Y Combinator, Lattice, Varrock, Reverie and others. #LatinAmerica

► Speedinvest led a USD11m Series A for Keyper, a UAE-based residential real estate platform, with participation from NeoVentures, Middle East Venture Partners, Dubai Future District Fund, Property Finder and others. #MiddleEast

► Openspace Capital and DSG Consumer Partners led a USD8m Series A for Every Half Coffee Roasters, a Vietnam-based specialty coffee chain. #Asia

► Arcadia Gaming Partners, Makers Fund and e2vc led a USD6m investment in Bold Games, a Turkey-based mobile games studio, with participation from JIMCO and angel investors. #CEE

► BlueOrchard invested USD5m in PolicyStreet, a Malaysia-based insurtech platform, bringing the company’s Series C to USD26m. #Asia

► Infra Impact Investment Managers, through its Mid-Market Infrastructure Fund I, acquired a minority stake in Cape Town Biogas, a South Africa-based organic waste processing facility, from Metier Sustainable Capital Fund II, which retained control of the business. #Africa

EXITS

► CPP Investments fully exited Brazil-listed Ultrapar through a BRL1.3b (~USD253.3m) block trade on the B3. #LatinAmerica

► Temasek partially exited India-listed eyewear retailer Lenskart Solutions through the sale of a 2.05% stake for an estimated INR19.4b (~USD204m) in open-market transactions. #Asia

► B Investments agreed to exit its entire stake in three Egypt-based solar power plants operated by Infinity Power for total proceeds of USD8.25m. The transaction is subject to customary regulatory approvals. #Africa

FUNDRAISING

► Kuramo Capital Management closed several African investment mandates totaling ~USD500m, with capital predominantly from African pension funds and development finance institutions. The mandates include iDICE, MEMA and Kuramo Africa Opportunity Fund IV. #Africa

► Elevation Capital reached a USD500m final close for its ninth fund focused on seed and Series A investments in India. #Asia

► AustralianSuper committed an additional AUD500m (~USD346m) to India’s National Investment and Infrastructure Fund, following an AUD240m commitment in 2019. #Asia

► Sango Capital was appointed to manage approximately USD460m in committed capital across three African fund portfolios following a management change initiated by a consortium of institutional LPs. #Africa

► Swedfund committed an additional USD5m to TLG Africa Growth Impact Fund II, bringing its total commitment to USD20m. The fund, managed by TLG Capital, provides flexible, long-term debt to SMEs across Africa. #Africa

► E Squared Investments committed to Old Mutual South Africa Private Equity Fund VI, marking its first commitment to a private equity fund and forming part of its fund of funds strategy. #Africa

PEOPLE & FIRMS

► The CIO of Mexican pension fund Afore Banamex, Tomas Acosta, is leaving the firm, according to internal sources cited by Bloomberg. #LatinAmerica