By Shiwen Yap
Busselton, Australia-based Jasper Farms is the country’s second-largest avocado producer.
The first fund, GLP Europe Income Partners I comprises a US$2.0 billion portfolio of Gazeley’s operating assets, and the second,
GLP Europe Development Partners is a development venture expected to reach US$2.0 billion when fully leveraged and invested.
Prior to this deal, GIC owned 20.6 per cent of the firm. The telco’s other shareholders were US hedge fund Anchorage Capital Group and investment firm Davidson Kempner.
PE firm Sierra Madre remains positive about the local market which it considers to be “underserved by global and regional PE funds, local banks, and large strategic players.”
SG Food is Korea’s second largest toasted and seasoned laver brand.
Macquarie is targeting to raise upwards of $3.25 billion for the fund.
This latest fund is larger than the $3 billion pool it had raised for its third fund in 2015.
The corporate services provider acquired three subsidiaries of CA Trust Group and APB Consultants earlier
Tessa Therapeutics will use the proceeds to further advance its clinical pipeline and to bring new therapies into clinical trials.
Temasek will acquire a strategic minority stake in Busy Bees following the transaction that is expected to close before the end of 2017.