HBG Holdings

The private equity and real estate firm is establishing an office in London to target investments on the AIM market.

The private equity and real estate firm will hire senior investment professionals as it looks to capitalise on 'a growing consumer market' and open two new offices.

Razak Dawood, previously Pakistan’s trade and industry minister, will advise the MENASA-focused firm as it uses a portion of its $500m fund to invest in South Asia.

The investment firm, which counts the National Commercial Bank of Saudi Arabia as one of its stakeholders, plan to invest $2bn in the region.

Dubai-based distressed specialist HBG Holdings has held a second close on $120 million for its Middle East and South Asia-focussed fund. It is expected to close this year with commitments ‘north of $200 million’, more than double its initial target.

Dubai-based distressed specialist HBG Holdings has held a second close on $120 million for its Middle East and South Asia-focussed fund. It is expected to close this year with commitments ‘north of $200 million’, more than double its initial target.

Dubai-based distressed specialist HBG Holdings has held a second close on $120 million for its Middle East and South Asia-focussed fund. It is expected to close this year with commitments ‘north of $200 million’, more than double its initial target.

Middle Eastern private equity firm HBG Holdings has sold a management company stake to a private equity fund of The National Commercial Bank of Saudi Arabia, as Middle Eastern governments continue to buy into the asset class.

The shake-out occurring in the Middle East and North African private equity market could be just the dose of reality the fledgling industry needed.

The shake-out occurring in the Middle East and North African private equity market could be just the dose of reality the fledgling industry needed, writes Oliver Smiddy.

Asian GPs turning to the Middle East for funding may need to consider adopting an Islamic fund structure, writes Jenny Blinch.

Gregory Crookes takes a look at the legal implications of negotiating break fees in public-to-private transactions in The Netherlands, where neither regulators nor legislators have yet taken a view on their use.