Brazilian development bank BNDES will provide ICT firm Proxxima Telecomunicações with a financial package to expand broadband and internet coverage in the states of Rio Grande Norte and Paraíba

Freya Investissement, an investment vehicle co-owned by the Iliad Group and NJJ Holding, has reached a binding agreement with Kinnevik to acquire 19.8% of Class A and B shares in Tele2, for a about SEK 13 billion

Freshfields Bruckhaus Deringer has appointed Ivet Bell as partner in its private funds and secondaries group, based in New York

The School Employees Retirement System of Ohio has made 3 commitments to infra fund co-investment sidecars

Djibouti’s Caisse Nationale de Securité Sociale has invested an additional $5.4 million in the capital stock of the Eastern and Southern African Trade and Development Bank

EXA Infrastructure has announced that Jim Fagan will join the company as chief executive from 1 August 2024

DLA Piper has merged its investment management and institutional investor practices to create a consolidated investment funds practice group, based in Chicago and Austin

Marguerite has completed the acquisition of a “substantial minority stake” in Slovakian telco SWAN, with a capital increase of €50 million through its third fund

Eastspring Investments has appointed Vis Nayar as its chief investment officer, to be based in Singapore

CVC has closed its sixth Asia fund, CVC Capital Partners Asia VI, with $6.8 billion in commitments

Canadian asset manager Fiera Capital has opened an office in Zurich to implement its “regionalised distribution model”, serving as a primary hub for the firm’s business across Europe, the Middle East, and Africa

MAPFRE has sold a 10MW data centre in Alcalá de Henares to an unknown buyer through a lease and sellback agreement

Pátria Investments is partnering with development banks and the private sector to launch credit fund for greenfield infrastructure to finance small and medium-sized projects across Brazil