Swicorp related stories
All articles and analysis
MENA: After the stormFirst came the financial crisis, then the Arab Spring. The MENA region has had to deal with crises on several fronts over the last few years. So how well is the region’s private equity industry picking itself up after the turmoil?
- DFIs back $400m MENA fund
Saudi-based fund manager Swicorp has attracted commitments from the IFC, EIB and PROPARCO for its Intaj Capital II fund.
- 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.
- IFC mulls $20m commitment to Swicorp fund
MENA-focused Swicorp Intaj Capital II aims to hold an $80m first close early next year, on its way to $400m.
- Rasmala appoints private equity head
Michael Kidd joins the Dubai-based investment bank ahead of its second private equity fund’s final close.
- Shailesh Dash resigns from GIH
Hany Shawky will step in as acting head of private equity, as Dash ends a 9-year stint with the Kuwait investment firm to 'pursue other interests'.
- MIG invests €15m in aviation services
The Athens Stock Exchange-listed mega-fund is the latest private equity firm to move into the aviation sector, purchasing just less than half of medical evacuation-focused Flight Ambulance International.
- Swicorp backs Algerian fuel distributor
The MENA-focused investment firm has taken a 'strategic stake' in Petroser, which enjoys exclusive rights to distribute BP products in Algeria.
- Swicorp invests in Jordan Aviation
The MENA-focused investment firm will fund the growth of Jordan's first privately-owned airline to tap into the rapidly growing aviation market in the Middle East. It has reportedly invested more than $150m from its $250m Intaj Capital fund.
- Swicorp invests in Turkish carpet maker
The MENA-focussed financial advisory and investment firm has purchased a stake in Step, its first private equity investment in Turkey.