18 February 2026
View in browser

GPCA EVENTS

Ben Black Joins 2026 GPC Conference Speakers

11-13 May 2026 | New York

The new head of DFC will join the GPC Conference, sharing important updates on DFC's strategy, priorities and recent activity following its reauthorization.

Featured Keynote

REGISTER NOW

GPCA EVENTS

Next Week: Meet the LPs - In Conversation with JICA

24 February 2026, 8-8:30am EST | Virtual

This 30-minute Global Member Meetup will feature the Japan International Cooperation Agency (JICA). The Meet the LPs series is for GPCA Members interested in building relationships with institutional investors active in global private markets. Members will have the opportunity to participate in an interactive Q&A for unscripted sharing on private capital trends.

Featured Speaker

REGISTER NOW

DEAL CASES

Amethis | Merec

In July 2018, Amethis invested in Merec, a Mozambique-based miller and packaged food manufacturer specializing in products such as maize flour, wheat flour, pasta, biscuits and animal feed.

With Amethis’ support, Merec expanded access to affordable staple foods while strengthening food security across Mozambique and the Southern Africa region. The company diversified its product mix, scaled domestic production and improved commercialization, including an educational campaign to introduce pasta to consumers who traditionally consumed bread and rice. In September 2025, Merec became Mozambique’s largest pasta producer, with 20% of output exported to neighboring countries. Merec enables the production of 7 million low-cost breadsticks per day, supporting affordability for low-income consumers. Amethis also supported the launch of the company’s animal feed business, working closely with smallholder farmers to strengthen local food systems.

READ FULL DEAL CASE

ACCESS ALL DEAL BOOKS

data_room___lp_intelligence_nw_banner__1_

Industry News

INVESTMENTS

► A consortium led by Advent International and FedEx agreed to acquire and delist Poland-based parcel delivery provider InPost for USD9.2b. #CEE

► LeapFrog Investments and Navegar invested in Philippines-based healthcare provider Global Care Medical Center (GCMC). #Asia

► Patria Investments acquired Share Student Living, a Brazil-based real estate firm that specializes in student housing. #LatinAmerica

► CPP Investments and I Squared Capital agreed to invest in Inkia Energy, a Peru-based power generation company. #LatinAmerica

► China-based embodied intelligence platform Galaxea AI raised a CNY1b (~USD144m) Series B, with participation from Jinding Capital, BAIC Group Industrial Investment and Hone Capital, as well as follow-on from Cathay Capital, Meituan Dragonball and Capital Today. #Asia

► StairMed, a China-based brain-computer interface (BCI) company, raised CNY350m (~USD48m) led by Qiming Venture Partners, OrbiMed and Lilly Asia Ventures. #Asia

► E3 Capital and JANNGO Capital led a USD45m investment in Côte d’Ivoire-based vehicle financing platform GoCab, with participation from KawiSafi Ventures and Cur8 Capital. #Africa

► Riverwood Capital led a USD25m investment in Segura, a Brazil-based identity security platform. #LatinAmerica

► Raed Ventures led a USD20m Series A for SiFi, a Saudi Arabia-based spend management platform. #MiddleEast

► Quona Capital and Big Bets led a USD17m Series A for Brazil-based stablecoin infrastructure startup Avenia, with participation from Fluent Ventures, Tomorrow Capital, Palm Drive Capital, Scale Up Ventures and others. #LatinAmerica

► Vynn Capital led an investment in Malaysia-based automotive after-sales platform ServAuto, with participation from Openspace Capital, Gobi Partners, SWC Global and others. #Asia

► Andreessen Horowitz led a USD5m pre-seed round for UAE-based real estate investing platform Smart Bricks. #MiddleEast

FUNDRAISING

► Asian Infrastructure Investment Bank (AIIB) committed USD125m to Keppel’s third private capital fund, focused on sustainable infrastructure investments and financing opportunities across the Asia-Pacific region. #Asia

► Phatisa reached a USD86m first close for its third food fund focused on investing in agri-inputs, including seeds and agri-tech, as well as downstream activities such as processing and food production, across Africa. #Africa

► SP Ventures reached a USD50m second close for its third fund focused on agribusinesses across Latin America. #LatinAmerica

► ONEVC reached a USD50m final close for its third fund focused on early-stage startups across Latin America. #LatinAmerica