The Global Private Capital Conference in partnership with IFC brings together lead investors, deal makers, entrepreneurs and development finance players from around the world.
GPCA’s first meeting of the year in Singapore, "China Revisited", explores the shifting dynamics of capital allocation in China after several years of reduced investment. As the market approaches a potential inflection point, we will examine the asset classes and sectors best positioned for growth. Join us to hear directly from GPs and LPs to explore what's emerging beyond the headlines.
Featured Speakers Include
Rebecca Xu
Co-Founder and Managing Director
Asia Alternatives
David Huang
Principal – Lead, Asia Secondaries and RMB Investments
StepStone Group
Carmen Liu
Partner
Control Risks
Nate Bush
Asia Practice Head for International Trade & Antitrust
GPCA’s recent report — featured in the Financial Times — analyzes private credit investment trends across Asia, Latin America, Africa, CEE and the Middle East. It draws on exclusive insights from our Private Credit Council and introduces a first-of-its-kind dataset of key deal metrics from 153 transactions.
Highlights include:
►Private credit investments in GPCA markets reached USD18b in disclosed deal value through Q3 2025, exceeding all annual totals on record. Financial services accounted for 24% of GPCA markets deal value since 2021.
►Latin America and Asia have driven the majority of disclosed deal activity, accounting for 45% and 38% respectively, of capital deployed since 2021.
►Fund managers have raised USD54b for GPCA markets-focused private credit funds since 2021, with global GPs increasingly active in Asia.
GPCA Members can log into download the report's accompanying Excel file for more data. For questions and feedback or to request custom data cuts from the research team, please contact research@gpcapital.org.
► General Atlantic agreed to acquire a 49% stake in Grupo Aguilas, the owner of Mexico-based soccer team Club América. #LatinAmerica
► Warburg Pincus and Bharti agreed to acquire a 49% stake in the India-based arm of home appliance manufacturer Haier. #Asia
► Patria Investments won a bid for a BRL2.9b (~USD534.6m) sanitation project in Brazil. #LatinAmerica
► Climate Fund Managers committed USD86.2m in mezzanine debt to the Olifants Management Model Programme, a South Africa-based project focused on accelerating the cost-effective delivery of potable and bulk water. #Africa
► Kinea acquired a minority stake in Patria Investments' Winity Telecom, a Brazil-based wireless infrastructure solutions provider. #LatinAmerica
► Mubadala committed ~EUR300m (~USD352m) to partner with Actis to invest in Czech Republic-based renewable energy producer Rezolv Energy. #CEE
► Saudi Arabia-based retail management platform Rewaa raised a USD45m Series B led by Wa’ed Ventures, Idrisi Ventures and Unity Ventures, with participation from Vision Ventures, RZM Investments and others. #MiddleEast
► WIOCC Group, a Mauritius-based open-access digital infrastructure provider, raised USD65m in debt financing from IFC, Proparco, Emerging Africa Infrastructure and Asia Infrastructure Fund and Ninety-One. #Africa
► Life Ventures Holding led a USD23m Series A for Egypt-based life sciences company Nawah Scientific, with participation from Den Ventures, Empire M, AfricInvest and others. #Africa
► Lowercarbon Capital led a USD22m Series A for Turkey-based refurbished electronics retailer Getmobil, with participation from IFC and 2150, as well as follow-on from Dutch Founders Fund, Arya VC and others. #CEE
► AfricInvest invested USD8.5m in Promamec, a Morocco-based supplier of medical equipment and consumables. #Africa
► Morphosis Capital invested in Echo Elderly Care, a Romania-based platform for elderly care services. #CEE
► Salt Capital, in partnership with South Suez Capital, acquired Namibia-based healthcare providers Welwitschia Hospital, ERAD Radiology and Spescare Namibia. #Africa
► Climate Fund Managersagreed to invest in the Zhero Molecules Walvis Bay Project, a Namibia-based industrial-scale green ammonia facility. #Africa
FUNDRAISING
► Lumina Capital raised USD1.5b for its third fund focused on special situations in Brazil. #LatinAmerica
► FinDev Canada announced a USD20m commitment to Ninety One’s third Africa Credit Opportunities Fund, focused on investing in enterprises and infrastructure projects across the region. #Africa
► Swedfund invested USD20m in the Helios CLEAR Fund, focused on African companies that drive low-carbon growth in areas such as renewable energy, sustainable transport and climate-smart farming. #Africa
EXITS
► KKR agreed to exit India-based investment bank Avendus via a sale to Mizuho Securities for ~JPY81b (~USD523m). #Asia
► Helios exited its 75% stake in Axxela, a Nigeria-based natural gas distribution infrastructure company, via a sale to BlueCore. #Africa
► DPI exited its 20.17% stake in Atlantic Business International, a Côte d'Ivoire-based financial services provider operating across West and Central Africa, via a sale to Banque Centrale Populaire Group. #Africa
► Treecorp Investmentspartially exited its stake in Brazil-based Curitiba Football Club via a sale to Ecuador-based Independiente del Valle Football Club. #LatinAmerica