China

U.K private equity firm Actis has exited Atlantic Energias Renováveis. Financial details of the transaction were not disclosed. (Valor Econômico) A China General Nuclear Power Group (CGN) assinou um contrato…

This is a special contribution written by Andy Tsao of Silicon Valley Bank. This article also appeared on Medium.com. More than $84B of venture capital investment was made in 2017, the…

Didi Chuxing plans to acquire a majority stake in Brazilian rideshare startup 99 for ~US$600m. This officially puts 99 in unicorn territory. Didi and Riverwood Capital invested over US$100m in…

Advent International has agreed to sell a 90% stake in TCP Participações to China Merchants Port Holdings Company (CMPort) for R$2.9b, marking CMPort’s first investment in Latin America. (Press Release)…

Brazilian private equity real estate firm Hemisfério Sul Investimentos has sold office buildingTorre Sucupira, which is located in the complex Parque de Cidade in São Paulo, to China’s Fosun for…

Bluesmart, a California based internet-connected luggage producer with offices in Argentina and China, raised US$12m in Series A. Tsing Capital led the round, and was joined by monashees+, Endeavor Catalyst,…

A US$20b joint venture infrastructure fund between Brazil and China will invest in roads, ports, airports, and logistics concessions in Brazil. The fund is expected to be operational around March.…

(Valor Econômico) Chinese transportation giant Didi Chuxing led an investment in Brazilian rideshare company 99 (formerly 99 Taxis) of over US$100m. The investment round also included participation from monashees+, Qualcomm…

(Reuters) The China-based Fosun Group has agreed to buy Brazilian fund manager Rio Bravo Investimentos for an undisclosed amount. This will be the Chinese conglomerate’s first acquisition in Latin America.…

A unit of China’s Shanghai Pengxin Group Co. acquired a stake in Brazilian grain producer Fiagril for an undisclosed amount, a portfolio company of Amerra Capital Management.  (Fusões & Aquisições) As…