2025 GPCC Recap; New GPCA Virtual Programming; TPG-Led Consortium To Acquire India’s Siemens Renewable Power

16 April 2025
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GPC Conference 2025 Recap

7-9 April 2025 | New York

#GPCAEvents

Amid threats of a US trade war destabilizing global markets, GPCA’s GPC Conference 2025, in partnership with IFC, served as a timely platform for global investors across Asia, Latin America, Africa, Central & Eastern Europe and the Middle East to come together.

From deep dives into private credit strategies and the evolving landscape of global payment platforms to discussions on digital infrastructure and the future of energy investing, this year’s conference tackled some of the most pressing topics shaping private capital today. Whether you joined us in person or couldn’t make every session, you can catch up on the key takeaways and expert insights in our full recap.

Thank you to the fund managers, institutional investors and industry players who participated in the conference. Special thank yous to GPCA Members and the sponsors for their support.

For access to the GPCA Research conference slide deck, please contact the GPCA Research team at research@gpcapital.org.

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New Virtual Programming

29 April & 8 May 2025 | Virtual

#GPCAEvents

GPCA Members are invited to participate in two new virtual programs this spring: an Executive Education training focused on global investing under the new US administration and a Member Meetup exploring the growing role of insurance companies in private markets.

E X E C U T I V E E D U C A T I O N

Considerations for Global Investors Under
the New US Administration

Tuesday, 29 April 8:30 – 9:30 am ET

Andrew C. Hruska

Partner

King & Spalding

Robert K. Hur

Partner

King & Spalding

REGISTER

M E M B E R M E E T U P

The Role of Insurance Companies in Private Markets

Thursday, 8 May 9:00 – 10:00 am ET

Liam Coppinger

Senior Manager Director,
Head of Private Equity Asia

Manulife Investment Management

Andrea Kaufman

Managing Director & Head of
Sustainable Investing

PGIM Private Alternatives

REGISTER

Asia Members Meeting & Reception

24 April 2025 | Singapore

#GPCAEvents

GPCA will host the upcoming Asia Members Meeting in Singapore on "The AI Investment Revolution: Technology, Growth and Climate Impact" on 24 April 2025. The meeting will be held from 4:30 - 7:30 pm at King & Spalding’s Singapore office, followed by a networking reception.

Stefano Ghezzi

Senior Vice President,
Renewable Power & Transition Group
Brookfield

Simon Kahn

Vice President,
Marketing for Asia Pacific
Google

Steve Okun

Southeast Asia Senior Advisor

GPCA

This session will delve into the pivotal business risks and opportunities emerging in 2025 within the realms of artificial intelligence and climate and explore the dynamic intersections between AI, climate & sustainability and the evolving landscape of policy and regulatory trends.

Please note that this event is for GPCA Members only.

REGISTER NOW

INVESTMENTS

► CDPQ-backed Verene Energia to acquire Equatorial Transmissao, a Brazil-based power transmission line operator, for CAD1.26b (~USD891.4m). #LatinAmerica

► A consortium led by TPG agreed to acquire India-based wind energy company Siemens Gamesa Renewable Power for ~USD500-550m. #Asia

► Merama, a Mexico- and Brazil-based e-commerce brand aggregator, raised a USD215m equity and debt round from Advent International, SoftBank, Valor Capital Group, monashees and others. #LatinAmerica

► Alpha Wave Global agreed to acquire a 6% stake in the snack business of Haldiram’s, an India-based fast-food restaurant chain, for INR51.6b (~USD600m). #Asia

► Global Infrastructure Partners agreed to acquire a 70% stake in Vale's Brazil-based renewable energy arm Alianca Energia for ~USD1b. #LatinAmerica

► ChrysCapital agreed to acquire a 90% stake in India-based bakery chain Theobroma Foods for ~INR22b-23b (~USD257m-269m), facilitating an exit for ICICI Venture. #Asia

► Macquarie Asset Management agreed to acquire a 45% stake in TAG Pipelines Sur, a Mexico-based gas pipeline company, facilitating an exit for Brookfield Infrastructure Partners. #LatinAmerica

► Accel led a USD131m investment in Spinny, an India-based used car retailer. #Asia

► Orion Resource Partners led a USD120m round for New Wave, a Brazil-based mining technology company. #LatinAmerica

► QED Investors led a USD75m Series B for Felix Pago, a Mexico-based WhatsApp-enabled cross-border money transfer service. #LatinAmerica

► Janngo Capital led a USD17m investment in Djamo, a Cote d'Ivoire-based digital banking service provider, with participation from Y Combinator, Oikocredit, Enza Capital and others. #Africa

► Kinea invested BRL210m (~USD36.4m) in Greentech, a Brazil-based cargo handling equipment rental company. #LatinAmerica

FUNDRAISING

► CBC Group reached a RMB7b (~USD956.6m) first close for its debut RMB-denominated buyout fund focused on healthcare investments across China. The vehicle has a RMB10b (~USD1.4b) target. #Asia

EXITS

► KKR agreed to sell a ~10.2% stake in India-based pharmaceutical company J.B. Chemicals & Pharmaceuticals for USD300m. #Asia

► MidEuropa exited Romania-based private healthcare network Regina Maria Group via a sale to Finland-based healthcare provider Mehiläinen. #CEE