The Belgium-based investment firm Incofin recently launched the Water Access Acceleration Fund (W2AF), a private equity fund with the objective of reaching 30 million people with access to safe drinking water, primarily in Africa and Asia. In particular
Tag: Private Equity
MICROCAPITAL BRIEF: In $112m Deal, ADB, BII, LeapFrog, Premji Invest in Shubham Housing Development Finance of India as Elevar, Motilal Oswal Private Equity Exit
The multilateral Asian Development Bank (ADB), the UK government’s British International Investment (BII), UK-based LeapFrog Investments and India’s Premji Invest (PI) – via its PI Opportunities Fund – recently announced they have led an investment in the India’s Shubham Housing Development Finance in local currency totalling the equivalent of USD 112 million. The four investors disbursed USD 78 million to Shubham as primary capital to
MICROCAPITAL BRIEF: Sanad Fund for MSME Sells 30% Equity Stake in GlobalCorp of Egypt, as Amethis, EBRD, SPE Capital Acquire Controlling Stake
A group of three entities recently acquired majority control of GlobalCorp for Financial Services, an Egyptian provider of leasing and factoring services to small and large enterprises. The buyers are
MICROCAPITAL BRIEF: Incofin Raises $60m for India Progress Fund, Bringing Equity Investments to Rural Entrepreneurs, Value Chains from DFIs, Family Offices, King Baudouin Foundation, Korys, SDG Frontier Fund
Belgium-based Incofin Investment Management recently announced it has raised USD 60 million for the first close of the Incofin India Progress Fund (IPF). The fund will issue private equity investments that support