Tanzanian Private Equity Association

KKR Leads Series C Round in Philippine B2B Platform GrowSari with US$45 Million Investment

Retrieved on: 
Wednesday, January 26, 2022 - 4:36pm

KKR, a leading global investment firm, and GrowSari (the Company), a B2B e-commerce platform serving micro, small and medium-sized enterprises (MSMEs) in the Philippines, today announced the signing of definitive agreements under which KKR will invest US$45 million to lead GrowSaris Series C funding round.

Key Points: 
  • KKR, a leading global investment firm, and GrowSari (the Company), a B2B e-commerce platform serving micro, small and medium-sized enterprises (MSMEs) in the Philippines, today announced the signing of definitive agreements under which KKR will invest US$45 million to lead GrowSaris Series C funding round.
  • KKRs investment in GrowSari will support the Companys expansion into more regions across the Philippines and strengthen its financial services capabilities.
  • In 2021, the Singapore Venture Capital & Private Equity Association named GrowSari as Venture Capital Deal of the Year.
  • The ongoing Series C round is significantly oversubscribed, having drawn keen interest from new and existing investors.

NEW STATE CAPITAL PARTNERS ADDS THREE EXECUTIVES TO TEAM

Retrieved on: 
Thursday, January 13, 2022 - 12:00pm

LARCHMONT, N.Y., Jan. 13, 2022 /PRNewswire/ -- New State Capital Partners ("New State") today announced the addition of three executives and a promotion.

Key Points: 
  • LARCHMONT, N.Y., Jan. 13, 2022 /PRNewswire/ -- New State Capital Partners ("New State") today announced the addition of three executives and a promotion.
  • Before joining New State, she was Director of Investor Relations at Levine Leichtman Capital Partners, a $9B middle-market private equity firm based in Los Angeles.
  • Previously, Ms. Diwan was a part of the investment team at Amzak Capital, and prior to that, Sun Capital Partners.
  • New State Capital Partners LLC is an entrepreneurial-minded private equity firm that strives to be nimble, decisive and cooperative.

15th Asian Financial Forum attracts 63,000+ views

Retrieved on: 
Wednesday, January 12, 2022 - 10:00am

As of 11 January, the AFF virtual platform had seen more than 63,000 views from 80 countries and regions.

Key Points: 
  • As of 11 January, the AFF virtual platform had seen more than 63,000 views from 80 countries and regions.
  • Jean-Claude Trichet, Former President, European Central Bank, offered his views on how the financial industry, regulators and policymakers should step up their concerted efforts in addressing key issues related to monetary stability in times of uncertainty.
  • Delivering his remarks on the second morning of AFF 2022, Paul Chan, Financial Secretary of the HKSAR, noted the tremendous opportunities for Hong Kong's financial market created by Mainland China's continued development.
  • PwC and the HKTDC jointly presented a pulse survey, "ESG Investing: Challenges and Opportunities for Hong Kong", during AFF 2022.

Raiven Capital Announces Björn Öste as New Limited Partner

Retrieved on: 
Thursday, December 2, 2021 - 2:05pm

Raiven Capital, a global early-stage technology venture fund, announced today that Bjrn ste has signed on as a new investor in Raiven Capital.

Key Points: 
  • Raiven Capital, a global early-stage technology venture fund, announced today that Bjrn ste has signed on as a new investor in Raiven Capital.
  • Mr. ste is someone who shares our philosophy and brings tremendous insight, expertise, network and deal flow, said Raiven Capitals General Partner, Paul Dugsin.
  • We are delighted to have such a respected Foodtech expert with us, said Supreet Manchanda, Raiven Capital General Partner.
  • Once growth is robust, Raiven exits its portfolio companies to later-stage capital in Silicon Valley and beyond.

Eaton Partners Bolsters Private Funds Team With New Hires

Retrieved on: 
Wednesday, September 15, 2021 - 1:30pm

Additionally, Steve Eaton has relocated to New York from London to serve as Managing Director in the Private Funds Group.

Key Points: 
  • Additionally, Steve Eaton has relocated to New York from London to serve as Managing Director in the Private Funds Group.
  • These new hires and personnel moves are yet another commitment to growing our Private Funds Group, said Jeff Eaton, Partner at Eaton Partners.
  • Eaton Partners subsidiary Eaton Partners (UK) LLP is authorized and regulated by the Financial Conduct Authority (FCA).
  • Eaton Partners and the Eaton Partners logo are trademarks of Eaton Partners, LLC, a limited liability company.