GPCA Member Meetup Trump 2.0; Actis Deal Case; Temasek and EQT To Sell India’s O2 Power for ~USD1.47b

8 January 2025
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Global Member Meetup
23 January 2025 8am EST/9pm SGT | Virtual

#GPCAEvents

GPCA Members are invited to participate in the second installment of our global investor meetup series over Zoom.

With the start of President Trump’s second term, global investors are preparing for US tariffs and investment restrictions, increasing antagonism in US-China relations and an America First foreign policy which portends changing US relations across the globe.

This Global Member Meetup will feature firsthand insights from a Trump White House veteran and a former top US diplomat in Hong Kong. Members will be invited to ask questions and share comments in a moderated discussion.

Guest Commentators

Kate Kalutkiewicz

Senior Managing Director

McLarty Associates

Kurt Tong

Managing Partner

The Asia Group

Steve Okun

Senior Advisor

GPCA

Building on the success of GPCA’s Leadership Councils, Member Meetups have been designed to connect private capital players – including fund, institutional, corporate and development finance investors – for unscripted sharing on market trends around the world.

Registration is free for all GPCA Members.

REGISTER HERE

Actis | Octotel

GPCA Deal Book V: Inclusive & Sustainable Growth

#DealCases

In October 2020, Actis invested in Octotel, the operator of the largest open-access fiber network in South Africa’s Western Cape region. The company allows internet service providers to use its network—on a vendor-neutral basis—to provide customers with highspeed data connectivity.

With Actis' support, Octotel’s network grew significantly. Between October 2020 and March 2024, the number of homes and businesses passed by fiber rose from 195,000 to 350,000, while the number of customers connected increased from 56,000 to 110,000. Actis also worked closely with the company to increase socio-economic diversity, targeting a minimum recruitment of 30% of local community-based workers. Providing affordable high-speed connectivity to underserved markets is a priority for both Actis and Octotel. Approximately 20% of Octotel’s fiber network passes through low-income areas, reaching roughly 70,000 homes.

READ FULL DEAL CASE

READ FULL DEAL BOOK

INVESTMENTS

► Yondr Group, a global operator of hyperscale data centers, secured a USD900m loan facility from IFC, DBS Bank, Deutsche Bank, Global Infrastructure Partners and others to fund its 98MW data center in Malaysia. #Asia

► Actis to acquire transmission line assets in Brazil in a transaction valued at BRL2.3b (~USD390m). #LatinAmerica

► GEF Capital and ENAM invested INR7.25b (~USD85.4m) in Sterlite Power, an India-based power transmission company. #Asia

► Prosus Ventures to acquire Despegar.com, an Argentina-based travel technology company in a transaction valued at USD1.7b. #LatinAmerica

► Dragon Fund led a USD100m Series C for bolttech, a Singapore-based globally scaled embedded insurance platform, with participation from Baillie Gifford and Generali. #Asia

► Lumina Capital agreed to invest BRL400m (~USD65.7m) in Agibank, a Brazil-based digital bank. #LatinAmerica

► Kans Capital invested MXN750m (~USD37.2m) in Lottus Education, a Mexico-based holding group of universities and higher education platforms. #LatinAmerica

► Nuwa Capital led a USD25m Series B for Calo, a Saudi Arabia-based meal planning platform, with participation from STV, Khwarizmi Ventures and family offices. #MiddleEast

FUNDRAISING

► The Development Bank of Southern Africa and Axian agreed to invest in the Africa50 Infrastructure Acceleration Fund focused on investing in infrastructure assets to accelerate Africa’s green industrial revolution. #Africa

► Vinci Compass reached a BRL3.2b (~USD517m) close for VCP IV, focused on growth equity investments in Brazil. #LatinAmerica

► SP Ventures reached a BRL136m (~USD22m) first close for its AgVentures III Climate Investment Fund, focused on food and agtech start-ups in Latin America. #LatinAmerica