LPs Confirmed for GPCA Investors Meeting; Jio Platforms Raises USD3.2b in Its IPO

Global Private Capital AssociationNov 4, 2026

4 November 2026

GPCA INVESTORS MEETING

Next Week In London

11 November 2026 | EBRD Headquarters, London

GPCA’s annual Investors Meeting will convene leading private capital investors and industry stakeholders for discussions on the opportunities shaping global private markets.

Catalyzing Power at Scale: How Capital is Meeting

Accelerating Energy Demand

Lucy Heintz

Energy Council Chair, Managing Director & Head of Energy Infrastructure

Actis

Corey Karaka

Investment Principal

Soros Economic

Development Fund

Andrew Brown

MD & Head of Equity &

Portfolio Management

British International Investment

Participating LPs:

Albourne
Badir Fund for SMEs | Arab Fund
British International Investment
Blue Earth Capital
Cassa Depositi e Prestiti
Ceniarth
CMPA
DEG
Development Bank of Austria
European Investment Bank
Federated Hermes Private Markets
FinDev Canada

FMO
FSD Africa Investment
Livelihood Impact Fund
Mastercard Foundation
Nest Pensions
PIDG
Proparco
Sango Capital
Small Foundation
Soros Economic Development Fund
SIFEM

REGISTER NOW

ASIA MEMBERS MEETING

Year in Review: What Did We Learn?

10 December 2026 | Singapore

GPCA will host the final Asia Members Meeting of the year on 10 December at the IFC office, followed by a reception at ERWIN's Gastrobar.

This year will be remembered as a year of volatility and uncertainty, bringing both challenges and opportunities for private capital in Asia. This meeting will bring together an expert panel and GPCA Members for an interactive discussion on geopolitics, geoeconomics and investing.

Featured Speakers

Ambassador Chan

Heng CheeAmbassador-at-Large

Ministry of Foreign Affairs, Singapore

Dr. Taimur BaigManaging Director &

Chief Economist

DBS Bank

Huai Fong ChewHead, East Asia & the Pacific PE Funds

IFC

REGISTER NOW

DEAL CASE

Advent International | Bharat Serums and Vaccines (BSV)

In February 2020, Advent International acquired a majority stake in Bharat Serums and Vaccines (BSV), a Mumbai-headquartered specialty pharmaceutical company focused on women’s health, fertility and critical care. Advent partnered with BSV to better commercialize the business while scaling operations domestically and abroad, with the goal of transforming the company into a domestic champion that would improve the lives of millions of women.

By the time of Advent’s exit in 2024, BSV’s annual revenues had doubled, EBITDA had grown by more than 2.5x and EBITDA margins improved from 20% to 30%. The company’s workforce grew from roughly 900 to 1,800 employees over the same period. Between 2021 and 2024, BSV helped approximately 2.6 million mothers facing Rh incompatibility safely deliver healthy babies. In October 2024, Indian pharmaceutical business Mankind Pharma acquired 100% of BSV in one of the largest pharmaceutical transactions in India’s history.

READ THE DEAL CASE

data_room___lp_intelligence_nw_banner__1_

INVESTMENTS

► Boyu Capital anchored a ~USD400m Series E for Neolix, a China-based developer of autonomous logistics vehicles, with participation from AEF NextGen Fund, Monolith Management, Granite Asia, Vertex Growth and others, as well as follow-on from Trustar Capital, CDH VGC and Yunqi Partners. #Asia

► Vinci Compass agreed to acquire a controlling stake in Sanar, a Brazil-based medical education platform, through its Vinci Capital Partners IV fund. The secondary transaction facilitates exits for existing VC investors, including DNA Capital, Valor Capital, Vox Capital, Península, Green Rock and Igah Ventures. #LatinAmerica

► One Aged Care, a Singapore-based eldercare platform backed by TPG, acquired Active Global Caregivers, a provider of home and community-based care services across Singapore, Hong Kong and Shanghai. #Asia

► Admaius Capital Partners agreed to invest USD40m in ABA Life, a Morocco-based healthcare technology company combining AI, medical technology, telemedicine and connected healthcare infrastructure. #Africa

► ACV Capital led a USD11.5m Series B for Stryv, a Singapore-based direct-to-consumer personal care brand, with participation from Openspace Capital and OCTAVE Capital. #Asia

► Spice Expeditions, Washington University Investment Management Company, Moore Strategic Ventures and other existing investors committed USD90m in financing to Salmon, a Philippines-based banking and lending platform. #Asia

► RMBV agreed to invest in ATCO Pharma, an Egypt-based pharmaceutical group producing human and veterinary medicines, through its North Africa Fund III. #Africa

EXITS

► Jio Platforms, an India-based digital services and mobile provider backed by PIF, KKR, Silver Lake, General Atlantic and others, raised USD3.2b in its IPO on the BSE and NSE. #Asia

► Lightrock fully exited General Water, a Brazil-based water supply and wastewater treatment company, via the sale of its ~27.5% stake to Kadri Group. #LatinAmerica

► Vinci Compass agreed to exit Austral Seguradora, a Brazil-based insurance company specializing in surety bonds, financial risk and liability insurance, via a sale to Liberty Mutual. #LatinAmerica

► CEECAT Capital fully exited Hermann Müller Medizintechnik (HMM), a Germany-based manufacturer of sterilization container systems and surgical devices with operations in Turkey, via a sale to STERIS. #CEE

► Carlyle Group and EBRD agreed to exit Black Sea Oil & Gas (BSOG), a Romania-based offshore natural gas producer supplying ~10% of the country's gas needs, via a sale to Mazarine Energy, a former Carlyle portfolio company. #CEE

► Peak XV Partners, Lightspeed and Accel India partially exited Zetwerk, an India-based industrial and consumer goods manufacturer, via a USD518m IPO on the BSE and NSE. #Asia

FUNDRAISING

► Advent International raised ~USD27b for its eleventh Global Private Equity Fund (GPE XI), focusing on private equity investments across business and financial services, consumer, healthcare, industrial and technology sectors, primarily in Europe and North America, with additional investment activity in Asia-Pacific and Latin America. #Global

► Ascertis Credit secured more than USD700m in commitments in a second close for its fourth fund, focused on performing private credit investments across Asia, particularly India and Southeast Asia. The vehicle has a ~USD1b target. #Asia

► Fundamentum Frontier Advisors (F2A) secured INR30b (~USD314.9m) in subscriptions across two investment vehicles focused on growth-stage AI and deeptech companies in India and international markets. #Asia

► Tanmiya Capital Ventures reached a USD130m final close for its second fund, which will invest in established, Egypt-based companies across healthcare, training, fintech, consumer goods, logistics and transport. The European Investment Bank, EBRD and IFC committed to the fund. #Africa

► LAUNCHub Ventures reached a EUR65m (~USD72.8m) first close for its third fund focused on early-stage investments across Central, Eastern and Southeastern Europe. The vehicle has a EUR75m+ target, with LPs including the European Investment Fund and EBRD. #CEE

► Green Climate Fund approved a USD50m commitment to Flying Rivers Capital's second fund, focused on growth-stage businesses in energy transition, food security and natural resources across Brazil. The vehicle has a USD400m target and has also secured a BRL500m (USD92m) commitment from BNDES. #LatinAmerica

► Green Climate Fund approved USD140m in catalytic financing for Climate Fund Managers' Climate Investor Three, a blended finance vehicle focused on industrial decarbonization, including green hydrogen infrastructure, across Southern Africa. #Africa

► BY Venture Partners closed its USD60m third fund focused on pre-seed to Series A investments in AI-native companies across MENA and international markets. The vehicle is anchored by Dubai Future District Fund, with commitments from MultiLane, Transmed Capital and Idriss Family Office. #MiddleEast

PEOPLE & FIRMS

► Mediterrania Capital Partners appointed Maty Ndiaye and Noha El Ghazaly as partners. Ndiaye leads the firm's investment activities in West Africa, while El Ghazaly leads its Egyptian platform. #Africa

► Apollo Global Management agreed to acquire a ~10% stake in Mubadala Capital, the UAE-based alternative asset management subsidiary of Mubadala Investment Company. #MiddleEast

► The Climate Finance Accelerator (CFA) Southeast Asia Investment Vehicles Cohort is a new no-cost investor readiness program connecting managers of climate-focused investment vehicles with investors. See eligibility criteria and apply by 30 November.