SP

Siddharth Poddar

Citadel's net earnings surge 806.7%

The Cairo-headquartered private equity firm recorded net earnings of $38.1m for 2009 on revenues of $79.2m.

2 min read · 05 January 2013

Advantage to invest ¥5.3bn in Willcom turnaround

The Japanese firm will partner with Softbank to acquire the company’s XGP mobile network service business.

2 min read · 05 January 2013

Morgan Stanley leads $425m Indian power deal

The Asian Genco deal backed by firms including General Atlantic, Goldman Sachs, and Norwest Venture Partners marks the largest-ever equity investment in the Indian power sector.

3 min read · 05 January 2013

New Horizon closes on $750m

The China-focused private equity firm hit the hard cap for New Horizon Capital Fund III, after readjusting its target twice during fundraising.

1 min read · 05 January 2013

Blackstone, Capital International lead $600m pre-IPO investment

Blackstone and Capital International have reportedly acquired a 30% stake in Chinese agricultural company Dili ahead of its listing on the Hong Kong stock exchange.

2 min read · 05 January 2013

Survey: positive outlook for Southeast Asia

An overwhelming majority of private equity managers investing in Southeast Asia expect an uptick in investment activity in the region in 2010 and more than half forecast an increase in LP appetite for Southeast Asia.

3 min read · 05 January 2013

TPG in $685m hospital exit

The firm will reportedly earn three times its intial investment in selling its 24% stake in Singapore-listed Parkway to Indian hospital chain Fortis.

1 min read · 05 January 2013

Goldman Greater China chairman reportedly eyes PE

Fred Hu, who joined Goldman Sachs as chief economist for China in 1997, is retiring from the bank and will reportedly launch his own private equity fund.

2 min read · 05 January 2013

KIC to invest $100m in IFC fund

The Korean sovereign wealth fund will back an IFC-managed private equity fund focused on Africa, Latin America and the Caribbean.

2 min read · 05 January 2013

EFG-Hermes to launch Syrian PE fund

The MENA-based investment bank is setting up an office in Damascus and will raise a private equity fund focused on the country.

2 min read · 05 January 2013

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