Gavin Wilson, a London-based Goldman Sachs executive, has been named IFC Asset Management Company’s first chief executive officer.
2 min read · 05 January 2013
The investment in the MENA-focused private equity firm’s debut institutional fund will be used to help companies in the region develop beyond their local markets.
2 min read · 05 January 2013
Debt and declining consumer demand has sent Australia's Riviera Group into receivership. It marks the second private equity-backed yacht investment to sink in 2009, the first having been Candover- and Permira-backed Ferretti in February.
2 min read · 05 January 2013
The sister company of US bank Etech Securities and the Chinese municipality plan to raise the capital from overseas and domestic investors.
2 min read · 05 January 2013
Gujarat-based Adani Power had previously withdrawn plans to list in May 2008 as market conditions were not ideal. It was 3i's maiden deal from its 3i India Infrastructure Fund, which closed on $1.2bn in April 2008. Approval for the listing will take at least a month.
1 min read · 05 January 2013
Nader Sultan will help the global private equity firm source energy deals in the MENA region.
1 min read · 05 January 2013
Global Infrastructure Partners is reportedly interested in parts of the Australian transport infrastructure company’s business, while the consortium is interested in acquiring the entire business.
2 min read · 05 January 2013
The Singapore-based mooring business is backed by London-listed private equity firm 3i and is expected to fetch up to S$300m. 3i invested in Franklin in 2007 with a view to list the company on the Singapore Stock Exchange.
2 min read · 05 January 2013
The global buyout firm has agreed to the terms laid out by the brewery’s parent InBev, which include its right – but not obligation – to reacquire the brewery within five years on ‘pre-determined financial terms’.
2 min read · 05 January 2013
Landwind will reportedly ask private equity firms including Bain Capital and Goldman Sachs’ private equity arm to submit first-round bids for a minority stake.
1 min read · 05 January 2013