Previously the preserve of energy specialists and pan-regional players, Angola will soon have its first domestic private equity fund founded by a local bank and a development finance institution.
The Leon Black-led firm has assembled a core group of real estate professionals from Barclays, Goldman Sachs and AREA Property Partners as it prepares to raise an opportunistic private equity real estate fund later this year.
Suzhou's latest fund will invest at least half its capital in the Chinese city of Suzhou and will target pre-IPO technology companies.
The $29bn oil and gas endowment plans to allocate 18% to a new real assets category, including real estate, infrastructure and Treasury inflation-protected securities. The target allocation to real estate is expected to increase 2%.
The New York-based private equity firm also has named former US Secretary of State Colin Powell as chairman of its advisory board. The firm has continued to invest in the market downturn, buying Israel-based library automation solutions company Ex Libris last August.
The clean energy-focused fund of funds manager has added two professionals - including Carl-Henrik Bengtsson - to its team in London, bringing its headcount to eight. It is targeting €200m for its debut fund.
South Korea’s National Pension Service will reportedly resume its overseas investments from next month and increase its investments in overseas alternative assets.
New Silk Route has invested INR1.35bn in K S Oils, while existing investors Citigroup Venture Capital International and Baring Private Equity Asia will each invest INR490m. The company says it is India's largest processor of mustard seeds.
The distressed and turnaround specialist has made one investment from Fund II and is actively looking for opportunities, but many of the potential deals in the market have a ‘very high level of urgency’.
The sister company of US bank Etech Securities and the Chinese municipality plan to raise the capital from overseas and domestic investors.