► Amethis acquired a majority stake in Ademat, a Côte d’Ivoire-based provider of power security solutions, facilitating an exit for SPE Capital. #Africa
► CAF-AM Ashmore II, BONUS, Davivienda, Itau Colombia and others provided COP887b (~USD241.6m) in debt financing for Colombia-based Cartagena Airport. #LatinAmerica
► Decarbonization Partners led a USD100m Series B+ for EPG, a Singapore-based provider of modular and prefabricated data center power, IT and cooling systems, with participation from BlackRock, Temasek, Alibaba Cloud and others. #Asia
► Creador led a USD96m secondary transaction for India-based housing lender Shubham Housing Development Finance, with participation from LeapFrog Investments and others. #Asia
► Advent International agreed to invest in Brazil-based cosmetics maker Natura. #LatinAmerica
► Starbucks completed the sale of a 60% stake in its China-based retail operations to Boyu Capital. #Asia
► Brookfield agreed to acquire Tabas, a Brazil-based operator of multifamily buildings. #LatinAmerica
► Ribbit Capital and Bracket Capital led a USD40m Series B for Somos, a Colombia-based active-fiber high-speed internet provider, with participation from KASZEK, YC and others. #LatinAmerica
► Susquehanna Asia VC led a USD36m Series C for India-based Visa processing platform Atlys, with participation from MakeMyTrip, as well as follow-on from Long Journey Ventures, Elevation Capital and Peak XV Partners. #Asia
► DN Capital led a USD16.5m seed round for Germany- and CEE-based enterprise operations platform Interloom, with participation from Bek Ventures and Air Street Capital. #CEE
FUNDRAISING
► National Investment and Infrastructure Fund secured USD750m in commitments for its second Private Markets Fund, focused on investing in energy transition, healthcare, manufacturing, technology and startups and financial inclusion across India. #Asia
► Circulate Capital reached a USD220m first close for its second fund focused on growth capital for circular supply chains and recycling businesses spanning plastics, packaging, electronics and apparel across South and Southeast Asia. The vehicle has a USD300m target. #Asia
► Spectra Investments reached a BRL800m (~USD155m) first close for its seventh fund focused on search funds and special situations across Brazil. #LatinAmerica
► Gaw Capital Partners reached a ~USD150m first close for its Gaw Tamkeen Nexus Fund focused on high-growth technology-enabled companies across the Gulf Cooperation Council. #MiddleEast
► Novastar Ventures reached USD147m final close for its third Africa People and Planet Fund focused on investing in businesses that align the economic interests of Africa’s growing population with planet-positive technologies. #Africa
► African Development Bank agreed to provide a ~USD15m equity investment to the Alterra Africa Accelerator Fund, focused on high-growth, mid-sized enterprises across multiple sectors in Africa. #Africa