Abraaj Capital is poised to acquire a 25 percent stake in EFG-Hermes after the Egyptian bank’s board gave the nod for the transaction.
2 min read · 03 January 2013
Ironbridge Capital, an Australian private equity firm, is expanding the business of a backpacker accommodation provider in New Zealand via a merger with a rival.
1 min read · 03 January 2013
Affinity Equity Partners, a pan-Asian buyout firm, is aiming for at least $1.5 billion for a new fund, Fund III, it will start raising toward the end of the year.
2 min read · 03 January 2013
Gresham Private Equity, a buyout specialist in Australia and New Zealand, has acquired Witchery, an Australian women clothing chain for a reported A$130 million.
1 min read · 03 January 2013
PCCW has terminated talks with TPG-Newbridge and Macquarie Bank, both of whom were vying for PCCW’s telecommunications and media assets.
2 min read · 03 January 2013
Affinity Equity Partners, an Asian private equity firm, is defending what has been criticized a ‘flawed’ takeover bid for Colorado Group, a listed Australian clothing retailer.
2 min read · 03 January 2013
Starwood Capital Group, the global real estate investor, has recruited Balaji Rao, a local property veteran, to spearhead its new operations in India.
2 min read · 03 January 2013
EMP Global, a private equity investor in emerging markets specialising in direct investments, has hired James Seymour, a fund investment veteran.
1 min read · 03 January 2013
The Blackstone Group is investing $50m in Emcure, an Indian pharmaceutical company, a year after setting up in Mumbai.
2 min read · 03 January 2013
The private equity arm of Goldman Sachs JB Were has sold Hirepool, an equipment rental company in New Zealand, to Next Capital in a NZ$172 million secondary buyout.
2 min read · 03 January 2013
