Private Equity
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
The funding will help APR Energy scale up its operations in the Gulf region and North Africa.
1 min read · 05 January 2013
3i and Oman Investment Fund are among investors that have reportedly invested INR2.6bn in Neo Sports Broadcast, which holds TV rights to all domestic and international cricket played in India till March 2010.
2 min read · 05 January 2013
The Cairo-based firm, which expects to close its first institutional fund on $500m this year, is mulling a push into Iraq’s oil and gas sector before multinational oil companies gain further ground.
2 min read · 05 January 2013
A consortium led by the Bahrain-based listed private equity firm has acquired a 70% stake in L’Azurde, a Saudi Arabian jewellery company valued at $300m. The demographics underpinning MENA's demand for jewellery are encouraging, said co-head of Investcorp’s Gulf growth capital business, Azmat Taufique.
2 min read · 05 January 2013
The $40m investment from the private equity arm of Saudi Arabian bank NCB Capital will enable Egypt’s Sigma Pharmaceutical to expand into other key markets.
2 min read · 05 January 2013
The Bahrain-based firm has added a third school to its education platform with the acquisition of Dubai-based Al Maaref school.
1 min read · 05 January 2013
Norwegian solar energy firm NorSun has raised NOK1.15bn in Series C funding for the expansion of its silicon ingot production lines. The financing was led by Swiss clean energy investor Good Energies which invested NOK250m.
2 min read · 05 January 2013
A $20m investment in South African company Buildworks will benefit from the ongoing development of Africa’s electrical power infrastructure. The company could expand into the Middle East, according to Kingdom Zephyr partner Panos Voutyritsas.
2 min read · 05 January 2013
Creditors of Autodistribution, the debt-laden French car part distributor, have agreed to write down its debts in exchange for a €110m cash injection by private equity firms Towerbrook and InvestCorp.
2 min read · 05 January 2013
