Sunday, 24 May 2015
Last updated 2 days ago
May 19 2008 | 11:27am ET
U.K.-based Capital International Private Equity Funds, the emerging markets private equity business of Capital International, has closed its Capital International Private Equity Fund V at US$2.25 billion.
CIPEF V targets investments of $50 million to $250 million in companies across various regions and industries, and has already committed more than 25% of its capital in six investments, including Arcos Dorados, McDonald’s restaurant operations across Latin America and Unimilk, the second-largest dairy products producer in Russia and Ukraine.
“The size and scope of this fifth generation CIPEF fund and stature of the early CIPEF V portfolio companies underscore the dramatic expansion of the emerging markets private equity investment opportunity,” said Koenraad Foulon, CIPEF co-founder and senior managing partner. “CIPEF V marks an important turning point for us and is optimally sized to address the current generation of compelling emerging markets investment opportunities.”
MVision Private Equity Advisers served as the exclusive global placement agent.
Capital International is an institutional investment manager and one of The Capital Group Companies, which is privately owned.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…