INVESTMENTS
► Matrix Partners and Beite Fund led a CNY1b (~USD137.4m) Series B for ECHINT, a China-based integrated circuit testing solutions provider, with participation from BC Capital, BESTD, Bozhong Xinhe Capital, Camel Group, Changan Huitong and others. #Asia
► Klar, a Mexico-based personal finance management and lending platform, secured a USD100m credit line from Victory Park Capital. #LatinAmerica
► India-based eye hospital chain Dr. Agarwal’s Health Care raised a USD80m round from Temasek and TPG Growth. #Asia
► Ashmore acquired an 85% stake in SOHEC, a Colombia-based chemo and radiotherapy treatments provider, through its Andean Fund III. #LatinAmerica
► Jump Crypto led a USD5m seed round for Xverse, a Hong Kong-based Bitcoin wallet developer for Web3, with participation from RockawayX, Sfermion, Alliance, NGC Ventures, V3ntures, Old Fashion Research and others. #Asia
► MiniVet, a Lithuania-based veterinary clinic chain backed by INVL Baltic Sea Growth Fund, acquired DiVet, a veterinary clinic based in Vilnius. #CEE
► IG4 Capital’s Private Equity Special Opportunities Fund II exited Opy Health, a Brazil-based operator of infrastructure and support services for hospitals, through a sale to BTG Pactual. IG4 will retain ongoing management over Opy. #LatinAmerica
► AINDA Energia & Infraestructura increased its stake to 8% in Hockchi Energy, a Mexico-based oil and gas exploration and production company. #LatinAmerica
FUNDRAISING
► CIFI Asset Management reached a USD138m first close for CIFI Sustainable Infrastructure Debt Fund towards a USD300m target. The fund will target companies developing sustainable infrastructure in Latin America and the Caribbean in sectors including renewable energy, tourism, health, education, logistics and telecommunications. #LatinAmerica
► Vynn Capital reached a first close for its second VC fund focused on early-stage tech startups in Southeast Asia. The vehicle has a USD30m target. #Asia
EXITS
► Carlyle Group agreed to exit Gabon-based oil exploration and production company Assala Energy through a USD730m sale to Maurel & Prom. #Africa
► Oriens fully acquired Transsystem, a Poland-based manufacturer of automated material handling systems and steel structures, facilitating an exit for Tar Heel Capital and others. #CEE
► Quadria Capital fully exited its 20% stake in Concord Biotech, an India-based biopharmaceutical company, for INR15.5b (~USD187m) through an IPO on the NSE and BSE. #Asia
