Trump 2.0 GPCA Member Meetup this Week; PAG Invests USD200m in India’s Pravesha

22 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, taking place this Thursday at 8am EST/9pm SGT.

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

Southeast Asia Women Investors Directory

Launch Reception

6 February 2025 | Singapore

#GPCAEvents

GPCA Members are invited to the launch of our inaugural Southeast Asia Women Investors Directory at a reception on 6 February from 6:30-8:00pm at Gotti Italiano. Women private capital investors featured on the list will take part and share brief remarks.

The directory aims to raise the visibility of women investors active in the region, foster connections and track the growth of the women investor community over time. The effort is funded through GPCA’s partnership with Investing in Women, an initiative of the Australian Government.

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 high-speed 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% 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

► PAG invested USD200m in Pravesha, an India-based pharmaceutical packaging company. #Asia

► Kotak invested INR9.4b (~USD109.4m) in Neuberg Diagnostics, an India-based diagnostic service provider. #Asia

► Quadria Capital invested USD100m in Aragen Life Sciences, an India-based research and development partner for the global biotech industry. #Asia

► A consortium comprising Khazanah Nasional, Employees Provident Fund, Global Infrastructure Partners and Abu Dhabi Investment Authority acquired a 84.1% stake in Malaysia Airports Holdings, a company managing the country's aviation gateways, at an equity valuation of 4b. #Asia

► The oil and gas equipment unit of Malaysia-based Yinson Holdings secured a USD1b investment from the Abu Dhabi Investment Authority, British Columbia Investment Corporation and RRJ Group. #Asia

► Innovaccer, an AI-powered healthcare platform with operations in India, raised a USD275m Series F from B Capital, Banner Health, Danaher Ventures and others. #Asia

► Grupo Romero Asset Management invested in UniVista Insurance, a US-based insurance company serving Hispanic communities in Florida and Texas valued at USD700m. #LatinAmerica

► Exagon Impact Capital invested in Solar Assets Latin America, a distributed solar energy platform operating in Colombia, Ecuador, Panama and Mexico. #LatinAmerica

► Highland Europe led a USD53m Series B for Nigeria-based money transfer platform LemFi, with participation from Endeavor Catalyst, as well as follow-on from Left Lane Capital, Palm Drive Capital and Y Combinator. #Africa

► CBC Group provided USD40m in structured financing to Mirxes, a Singapore-based RNA technology company specializing in early cancer detection and precision medicine. #Asia

► ALIVE Ventures led a USD29m round for FinMaq, a Colombia-based digital lending platform, with participation from 30N Ventures, Accial Capital and Iris Bank.

#LatinAmerica

► Raed Ventures and Shorooq led a USD6m seed round for Halo AI, a Saudi Arabia-based networking platform. #MiddleEast