Stay up to date with the latest private capital transactions, news and events happening in global markets.
GPCA Logo

4 December 2024
View in browser

GPCA NewsWatch Banner

GPCA Investors Meeting Recap

19 November 2024 | London

#GPCAEvents

The annual GPCA Investors Meeting hosted a curated group of 100 private capital LPs and GPs last week in London.  

 

Cambridge Associates kicked off the day kicked off with an Institutional Investor Outlook for Private Markets with MetLife Asset Management, Bregal Investments and Windmill Hill Asset Management (Rothschild Foundations).

Untitled design (27)-1

The Meeting concluded with a ceremony to honor the winners of the GPCA Deal Awards and was part of a larger slate of GPCA activities in London that week, including a Members Reception and Investor Training, co-hosted by Debevoise & Plimpton, as well as a meeting of GPCA’s DFI Council. 

awardwinners

GPCA Member Meetup Recap

3 December 2024 | Virtual

#GPCAEvents

GPCA kicked off a new series of Global Member Meetups, convening investors active in the healthcare sector around the world. Participants shared strategy and portfolio updates – from biotech and medical equipment to healthcare services and delivery – and debated the role of technology and business model innovation in access to affordable care.

membermeetup

Participating firms include Global Health Investment Corporation, Gates Foundation Strategic Investment Fund, DFC, Quadria Capital, AfricInvest, Navis, TVM Healthcare, Vinci Partners, Tata Capital Healthcare, Humania Capital, Linzor Capital IFC and Canadian Medical Protective Association.

 

Stay tuned for upcoming announcements on GPCA Global Member Meetups happening in 2025.

Seedstars Africa Ventures | Beacon Power Services

GPCA Deal Book: Inclusive & Sustainable Growth

#DealCases

Seedstars, Beacon-NW

In January 2022, Seedstars Africa Ventures invested in Beacon Power Services (BPS), a Nigeria-based developer of proprietary grid management software and data solutions for Africa’s power industry. BPS seeks to improve the reliability and quality of the continent’s energy supply through the creation of smart grids and by leveraging extensive data collected on the ground.

 

With Seedstars’ support, the population that BPS reaches through its clients has grown from eight million in January 2022 to over 60 million as of September 2023. The company expanded from working with one utility in Lagos to opening two more in Ghana. Seedstars has also pushed BPS to recruit more women across all levels of the company, recognizing that they are underrepresented in the energy industry. Over 30% of the staff is female, and BPS is striving to integrate more women on both the accounting and technology sides of the business.

READ FULL DEAL CASE
READ FULL DEAL BOOK
NW-V2Industry-News

INVESTMENTS

► Alpha Wave Global agreed to acquire a 2.5% stake in India-based hybrid seeds company Advanta, for USD350m. #Asia

 

► Motilal Oswal’s private wealth arm led a USD350m investment in Zepto, an India-based grocery delivery platform, with participation from Indian family offices. #Asia

 

► General Atlantic led a USD100m Series C for Eyewa, a UAE-based eyewear retailer, with participation from Badwa Capital and Turmeric Capital. #MiddleEast

 

► BII, FMO and ILX Management provided a USD90m credit facility to Robust International, a Nigeria-based agri-commodity trader. #Africa

 

► QED Investors led a USD30m Series B for minu, a Mexico-based employee wellness platform, with participation from Redwood Ventures, Endeavor Catalyst, Flourish Ventures and others. #LatinAmerica

 

► Ribbit Capital led a USD20m Series A for Onze, a Brazil-based corporate pension plan management platform, with participation from Atlantico and Red Ventures. #LatinAmerica

 

► BluePeak invested USD15m in Sancella, a Tunisia-based manufacturer of disposable hygiene products. #Africa

 

► Turkven Private Equity invested in Medianova, a Turkey-based provider of content delivery networks and cloud security solutions. #CEE

 

► Cometa led a USD12.5m Series A for Solvento, a Mexico-based debt financing platform for trucking companies, with participation from Quona Capital, Endeavor Fwd Fund, Ironspring Ventures and others. #LatinAmerica

 

FUNDRAISING

► LeapFrog reached a USD1.15b close for its fourth fund focused on healthcare, financial services and climate solutions businesses in high-growth global markets. The vehicle surpassed its USD1b target. #Global

 

EXITS

► Alta Growth Capital exited Pequeño Caesarmex, the Mexico-based Little Caesars Pizza franchisee, via sale to Advanced Capital Group. #LatinAmerica

 

► Advent International sold its majority stake in Manjushree Technopack, an India-based rigid plastic packaging company, via a sale to PAG for USD1b. #Asia

 

► Zinka Logistics, an India-based venture capital-backed provider of digital truck operations, raised USD132m through an IPO on the Bombay Stock Exchange. #Asia

NW-V2Events-&-Trainings

GPCA Asia Members Meeting & Holiday Reception

5 December 2024
Singapore

LEARN MORE

GPC Conference 2025

7-9 April 2025
New York

LEARN MORE

Industry Events

Abu Dhabi Finance Week

9-12 December 2024

Abu Dhabi

GPCA Data & Intelligence

Q3 2024 Industry Data & Analysis
Q3 2024 Industry Data & Analysis
India's New Chapter: What Is Driving the Boom in Private Capital Exits?
India's New Chapter: What Is Driving the Boom in Private Capital Exits?
Tracking Cross-Border Private Capital: New Links Between Asia and the Middle East
Tracking Cross-Border Private Capital: New Links Between Asia and the Middle East
2024 Trends In Global Tech
2024 Trends In Global Tech
View all GPCA Data & Intelligence
LinkedIn
X

589 8th Ave. 19th Floor, New York, NY 10018

Copyright © 2024. All rights reserved.

Manage Preferences