Overall private capital invested across GPCA’s markets – including Asia, Latin America, Africa, CEE and the Middle East – fell to USD17.3b in Q2, despite deal count increasing slightly to 921 disclosed transactions. The pickup in deal count, driven by VC, follows initial signs of aPE andVC investment rebound in the United States.
In the wake of the pandemic, infrastructure has grown as a share of overall investment activity, attracting over USD30b since 2023 and mirroring trends globally. Investors are drawn to infrastructure’s potential for inflation hedging, diversification and long-term growth.
For more data,GPCA Members can log in to download the Mid-Year 2024 Industry Data & Analysis Excel file, which contains expanded analysis and commentary; fund and transaction listings; and breakdowns of investment activity by asset class, sector and geography.
For questions and feedback or to request custom data cuts from the research team – including GPCA’s complete fund- and deal-level dataset – please contact research@gpcapital.org.
In April 2018, Innova Capital invested in Inelo, a Poland-based provider of software and telematics solutions for the heavy fleet transportation industry. The company has partnered with over 10,000 transportation and logistics companies, most of which are small and medium enterprises operating less than 50 trucks.
With Innova's support, Inelo transformed into a one-stop shop for independent trucking companies. Innova streamlined operations, revamped sales and customer care and introduced online and phone sales, which made up 38% of new sales by 2022. Inelo also implemented an AI-driven navigation system to manage regulatory requirements, such as calculating required breaks for drivers and accurate arrival times. The company grew its workforce from 431 to 622, with 66% female employees and introduced eco-driving features to enhance efficiency and reduce carbon footprints.
►23 September 2024 - Asia Members Meeting & Singapura Sundown Reception: GPCA will host its annual Asia Members Meeting followed by a reception at CÉ LA VI, Marina Bay Sands Singapore. Register here.
►7-9 April 2025 - GPC Conference 2025: The annual Global Private Capital Conference, in partnership with IFC, will convene in New York City. More event details will be available in the coming weeks.
INVESTMENTS
►Warburg Pincus acquired a majority stake in Ebco, an India-based manufacturer of furniture fittings and hardware systems.#Asia
► Hillhouse Investment agreed to acquire Dulwich College International Schools, a UK-founded network of K-12 institutions operating across Asia, for ~USD600m. #Asia
►India-based jewelry retailer Bluestoneraised a INR9b (~USD107m) pre-IPO round, with participation from Peak XV Partners, Prosus, Steadview Capital, Think Investments and others. #Asia
► Lazuli PartnersandVidya Capitalinvested BRL200m (~USD36.4m) in Farmax, a Brazil-based beauty, health and wellness company.
