Private Equity
Chinese private equity investors have reportedly acquired a 20% stake in Chery Automobile for $293m.
2 min read · 05 January 2013
The investment in Bahrain Maintenance and Diving Services represents the sixth deal from Unicorn's debut fund, now fully invested.
1 min read · 05 January 2013
The country's latest tax exemption for foreign investors applies to private equity profits, formerly taxed at rates of either 15% or 25%.
2 min read · 05 January 2013
Despite having seen its private equity assets decline by about $7bn last year, KKR told investors its dry powder, new business lines and products have it poised for growth.
2 min read · 05 January 2013
Venture capital investments in Israeli high-tech companies fell from $617 million in the first quarter of 2008 to $265 million in the first three months of 2009, making it the slowest quarter in the last three years.
1 min read · 05 January 2013
The Kuwaiti-headquartered firm has sold its interest in Reliance Petroleum, generating an IRR of more than 70%.
2 min read · 05 January 2013
Cobalt, which is backed by Riverstone, Goldman Sachs and First Reserve, has tied up with Sonangol, the national oil company of Angola, to let the oil and gas exploration firm access Africa's third largest oil producing nation.
2 min read · 05 January 2013
The mega-firm, which has already slashed the size of its $19.8bn buyout fund and its $6bn financial-services fund, will give investors in TPG Asia V the option to cut commitments by up to 10%.
2 min read · 05 January 2013
Renamed Trilantic Capital and still led by Charlie Ayres, the firm will be ‘patient’ in choosing investment opportunities. In an interview with PEO, Ayres said his firm will look for chances to inject quality, over-levered companies with equity capital for some form of control.
3 min read · 05 January 2013
The funding will help APR Energy scale up its operations in the Gulf region and North Africa.
1 min read · 05 January 2013