The firm bought the stake from GDF Suez Group when it was asked to divest its holdings in the Oman-based company when it was selected to develop other power projects in the Sultanate.
1 min read · 05 January 2013
The Australia-listed private equity firm, soon to be called Oceania Capital, will return cash to address the discount between its net asset value and share price.
2 min read · 05 January 2013
Philip Levinson has been hired by the global buyout firm, which is considering opening additional Asian offices.
1 min read · 05 January 2013
The US buyout major reportedly plans to take advantage of a pilot government policy allowing foreign firms to set up wholly-owned Chinese entities in the Shanghai Pudong New Area.
2 min read · 05 January 2013
The Cairo-headquartered private equity firm has acquired beverage company Enjoy through Gozour, its consumer foods platform. Citadel bought Enjoy from Haykala Investment Managers, a firm founded in 2005 by Egypt-based Commercial International Bank.
2 min read · 05 January 2013
The UK government-backed fund of funds has helped push the fund toward its $100m target. It held an $85m first close a year ago.
2 min read · 05 January 2013
Lim Siong Guan will take responsibility for the organisational development of GIC Asset Management, GIC Real Estate and GIC Special Investments. He will also manage the Singapore sovereign wealth fund’s public markets group.
2 min read · 05 January 2013
The investment was made out the China-focused private equity firm's third fund, which closed on more than $1bn in 2007.
1 min read · 05 January 2013
The first-ever Sri Lankan private equity fund will make investments in the South Asia country’s soft commodity sectors, trading companies and banks. Its backers had been waiting for the end of the country's long-running civil war to launch the fund.
2 min read · 05 January 2013
The investment in Chinatrust will be made through the US bank’s Asian private equity arm and its other subsidiaries.
2 min read · 05 January 2013