Category Archives: Deals

Oceanwood Raises $250M Fund For Bets on European Economic Recovery

Oceanwood Capital Management has raised $250 million in a new hedge fund to capitalize on economic recovery in Europe. Oceanwood has raised the capital from existing investors and plans to have a $350 million final close for the fund in September, according to a Reuters report. The new fund, named Oceanwood Peripheral European Select Opportunities… Continue Reading

Wong to Launch Long/Short Asian Equity Fund

Former TPG-Axon partner Wesley Wong is prepping an Asian-themed long/short equity fund for a third-quarter 2015 launch. Wong’s Oxbow Capital Management (HK) is reportedly in advanced discussions with Reservoir Capital Management regarding a $150 million stake, according to a Bloomberg report citing unnamed sources. It would be Reservoir’s first seed investment in an Asian-based startup,… Continue Reading

Carlyle Raises €565M For Third European Technology Buyout Fund

Global alternative investments powerhouse Carlyle Group has closed on its third European technology and media buyout fund, raising €656 million. It is the company’s largest such fund to date. The fund, named Carlyle Europe Technology Partners III, shows the global appetite for tech and media companies in the region. It began raising money a year… Continue Reading

Carlyle Group Buys Sterling Resources’ Romanian Gas Fields

Carlyle International Energy Partners (CIEP) announced plans to purchase Sterling Resources’ Romanian gas fields. The news comes just a few days after the private equity fund announced it had raised $2.5 billion to purchase global energy assets. With the slump in oil prices hammering Sterling’s revenue streams, the deal allowed Carlyle to snap up at… Continue Reading

Carlyle Raises $2.5 Billion for New International Energy Fund

Carlyle Group has closed on a new international energy fund with commitments of $2.5 billion from 160 investors, according to media reports. The new fund, which surpassed Carlyle’s initial $1.5 billion target, will invest exclusively in oil and gas projects located outside the U.S. Carlyle is in good company. Since the collapse in oil prices… Continue Reading

Private Equity Deals in Africa Hit $8.1 Billion in 2014

The total value of private equity deals in Africa in 2014 hit $8.1 billion, the second-highest level on record. Fueled by population growth and increased political stabilization, global PE interest is rising on the continent. Last year’s total was just shy of the 2007 record of $8.3 billion, according to African Private Equity and Venture… Continue Reading

Runa Capital invests €3 million in Finnish open source database solution provider MariaDB Corp.

Last week Runa Capital, a venture firm operating globally from its offices in Moscow and San Francisco, announced a €3 million investment in MariaDB Corporation, a global software vendor specializing in high availability, high performance and highly scalable open source database solutions. Headquartered in Espoo, Finland, MariaDB (also known as SkySQL) aims to become “the… Continue Reading

Russia-China Investment Fund (RKIF) reached an agreement to invest in a leading chain of stores selling products for children "Children's World"

September 9, 2014 Russia-China Investment Fund (RKIF) has reached an agreement in principle to invest in the company, “Children’s World”, is a major player in the sector of specialized network of trade in goods for children in Russia. To date, 100% of the share capital of the company is controlled by AFK “System”. Continue Reading

Mail.ru Group has placed part of its stake in the group Qiwi

Mail.ru Group has sold most of its stake in the group Qiwi, control of Russia’s largest system of instant payments . Mail.ru Group could realize 4% stake Qiwi from 2.8 percent discount to the market price, generated $ 80 million. Total investment in Qiwi, in which Internet holding company once owned a 25% stake, he… Continue Reading

EBRD PLEDGES FURTHER SUPPORT TO INDEPENDENT UKRAINIAN BREWER

The shareholders of an independent Lviv-based brewer Persha Privatna Brovarnia (PPB) including the European Bank for Reconstruction and Development (EBRD), which has over two decades of successful investment experience in the Ukrainian brewing industry, are financing another project aimed at supporting one of the most vibrant agribusiness subsectors in the country. Through this latest investment… Continue Reading

The Funds of KCM’s group invest in Chaplin Cinemas network

ADM Capital’s funds, KCRF and KGF, members of a group of funds with the participation of Kazyna Capital Management JSC (owned by National Management Holding “Baiterek” JSC) and the European Bank for Reconstruction and Development (EBRD) announce completion of the acquisition of the controlling stake in Chaplin Cinemas network. Continue Reading

Utinet.ru, e96.ru and Sotmarket.ru merge into one listed company

Source –  East-West Digital News Utinet.ru, e96.ru and Sotmarket, three major Russian e-commerce companies, announced yesterday the completion of their merger process – started last year – into an integrated company, christened “Platform Utinet.Ru.” Part of the company’s stock is being floated on the Moscow exchange following Utinet’s IPO in 2011. Continue Reading

EBRD AND FAO PROMOTE VIABLE FORESTS IN RUSSIA’S FAR EAST

Russia’s Far East occupies one-third of the country’s territory and accounts for more than nine percent of the world’s forests. Forestry there thus plays a crucial role, locally and further afield, supplying livelihoods for millions of people and a valuable habitat for flora and fauna, including the endangered Amur tiger. Continue Reading