Private Equity
Having just acquired a 7.5 percent stake in alternatives giant The Carlyle Group, the Abu Dhabi government fund Mubadala is again looking to make waves with a $3 billion MGM Mirage resort in the city, the first of several such projects.
2 min read · 04 January 2013
Morgan Stanley’s Asia private equity group has raised $1.5 billion for the firm’s third Asia-focused fund, underlining the US bank's renewed commitment to the asset class.
2 min read · 04 January 2013
Temasek, the Singapore sovereign fund, has lost three senior investment executives in a week. Jimmy Phoon, the chief investment officer of the investment firm in Singapore, is leaving. Hong Kong’s Frank Tang, Temasek China dealmaker, has also resigned with his colleague Terry Hu.
2 min read · 04 January 2013
Navis Capital Partners, the Asia-focussed buyout firm, has closed a fund more than triple the size of its previous fund, as the continent’s buyout firms prosper.
1 min read · 04 January 2013
Arsenal Capital earned a three times return on its cumulative capital invested on the sale of Vertellus Specialities, a chemical company Arsenal formed just last year.
1 min read · 04 January 2013
Dubai International Capital, the Middle Eastern investment firm, has bought Almatis in a secondary deal, with loans at more than six times EBITDA provided by Swiss bank UBS.
2 min read · 04 January 2013
Tim Bunting, the former Goldman Sachs banker, has taken on a full-time role with venture firm Balderton, after working with it in its previous incarnation as Benchmark Capital Europe.
1 min read · 04 January 2013
In the wake of a liquidity crisis that has affected megadeals, The Blackstone Group continues to expand its activities in other areas with the closing of its fourth European collateralised loan obligation fund.
1 min read · 04 January 2013
The chief executive of emerging markets investor CDC still believes there is money to be made, but managers will have to work harder to improve portfolio companies.
2 min read · 04 January 2013
The Carlyle Group has closed two deals this week: one in partnership with HIG Ventures and one with energy-focussed Riverstone Holdings.
2 min read · 04 January 2013
