| Updated:
Origo raises another $30m
Origo Partners, the private equity investment and consulting practice focused on economic growth opportunities in China and India, has raised $30m before commissions and expenses through a share placing. The firm placed 82.2m new shares with investors for 25p per share. The stock is expected to be admitted for trading on the London Stock Exchange’s junior Aim market from 17 June. Origo is planning to use the proceeds to plough into its existing war chest to seek opportunities to add to its significant portfolio of investments in a range of sectors, including metals and mining, agriculture, renewable energy and clean technology and technology, telecoms and media. Liberum Capital acted as broker to the placing.