Private Equity

Middle East

Private equity firms eye Chinese wind developer

Chinese and foreign private equity firms have submitted first-round bids for a minority stake in Honiton Energy.

2 min read · 05 January 2013

Carlyle closes second Turkish deal

The private equity firm has purchased a 40% stake in the country’s second largest healthcare services company, Medical Park.

2 min read · 05 January 2013

Apax to buy Israel's largest asset manager in $620m deal

Apax will boost its FIG holdings with Psagot Investment House, a $32bn asset manager in which Hellman & Friedman had reportedly bid for a lesser stake at a lower valuation.

3 min read · 05 January 2013

KFH and ePlanet to form global alternatives platform

Kuwait Finance House and the former DFJ affiliate will set up ePlanet LMH Capital, a Sharia-compliant firm, to invest in private equity and other alternative assets.

1 min read · 05 January 2013

TPG, AMR offer $1.1bn for Japan Airlines

TPG is once again targeting a struggling airline, having teamed with American Airlines on a joint bid to restructure JAL. Rival US-based carrier Delta is also bidding.

3 min read · 05 January 2013

Markstone co-founder pleads guilty in pension scandal

New York Attorney General Andrew Cuomo said Elliott Broidy paid nearly $1m in gifts to NY Common officials, including more than $90,000 to pay living expenses of one official's girlfriend.

3 min read · 05 January 2013

Sequoia joins Chinese VCs in SINA deal

The $180m financing will broaden the corporate governance of the Chinese online information giant.

1 min read · 05 January 2013

Swicorp in Italian ceramic designer add-on

The MENA-focused firm's portfolio company Uniceramic has acquired a stake in Powergres, helping extend Uniceramic's distribution beyond the Middle East.

2 min read · 05 January 2013

Turkish funds prepare for 'high growth'

Actera co-founder Murat Çavusoglu told a standing room only crowd at the PEI Turkey Forum that much has changed since local entrepreneurs used to cling to the Turkish saying, 'May God never force you to sell your company'.

3 min read · 05 January 2013

Investcorp to invest in Kuwaiti industrial gas manufacturer

The Middle East investment firm will acquire a 20% interest in Gulf Cryo to help accelerate the company’s growth.

3 min read · 05 January 2013

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