Friday Letter: Shinsei on the Nile

<p>A deal was announced this week that may serve as a template for the future of the alternative investment industry, crazy as this may seem. To wit, a New York buyout firm has teamed with its affiliated Japanese holding company which is listed on a Belgian stock exchange to co-invest in a Cairo-based bank together with a hedge fund that has a side pocket for private equity deals.</p> <p> </p> <p> </p>

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