Buyout firm Convergence Partners raised $296m to buy African technology assets, Chairman Andile Ngcaba said. The capital raise, one of the first private equity funds secured for sub-Saharan Africa this year, will bring the total funds under management at Convergence...
Digital payments firm Stripe has hired Wall Street banks Goldman Sachs and JP Morgan to explore a public listing and alternatives to allow employees to cash out stakes in the private company, two sources familiar with the matter told Reuters. The move, communicated to...
Indian warehouse and parks developer IndoSpace on Monday said the Canada Pension Plan Investment Board (CPPIB) will invest $205m in the company’s new real estate fund. The investment from Canada’s biggest pension fund is part of IndoSpace’s new fund...
Warburg Pincus LLC on Friday disclosed it has amassed $15.4bn for its latest flagship global private equity fund that will acquire companies across industries around the world. The move brings New York-based Warburg closer to hitting its initial target of collecting...
Prime Group Holdings, a vertically-integrated private equity real estate firm, announced that it successfully closed its third flagship self storage fund, Prime Storage Fund III, at the Fund’s hard cap of $2.5bn, exceeding its $1.5bn target. Fund III, which closed in... 