Private Equity

Middle East & North Africa

Carlyle closes second Turkish deal

The private equity firm has purchased a 40% stake in the country’s second largest healthcare services company, Medical Park.

2 min read · 05 January 2013

Apax to buy Israel's largest asset manager in $620m deal

Apax will boost its FIG holdings with Psagot Investment House, a $32bn asset manager in which Hellman & Friedman had reportedly bid for a lesser stake at a lower valuation.

3 min read · 05 January 2013

KFH and ePlanet to form global alternatives platform

Kuwait Finance House and the former DFJ affiliate will set up ePlanet LMH Capital, a Sharia-compliant firm, to invest in private equity and other alternative assets.

1 min read · 05 January 2013

Citadel Capital in $55m partial exit

The Cairo-headquartered private equity firm has trimmed its stake in cement platform company ASEC, selling stakes to one of its LPs.

2 min read · 05 January 2013

Ethos hits fundraising trail with revised target

The South African firm hopes to raise as much for Fund VI as its $750m predecessor.

2 min read · 05 January 2013

Actis builds oil and gas portfolio with $102m investment

The emerging markets-focused private equity firm is forming an oil and gas industry joint venture with Singapore's KS Energy.

2 min read · 05 January 2013

Markstone replaces Broidy with Israeli ambassador

Markstone does not expect the criminal case against its former chairman Elliott Broidy to have an effect on the ‘value of investors’ interests in the partnership’.

2 min read · 05 January 2013

TPG, AMR offer $1.1bn for Japan Airlines

TPG is once again targeting a struggling airline, having teamed with American Airlines on a joint bid to restructure JAL. Rival US-based carrier Delta is also bidding.

3 min read · 05 January 2013

Markstone co-founder pleads guilty in pension scandal

New York Attorney General Andrew Cuomo said Elliott Broidy paid nearly $1m in gifts to NY Common officials, including more than $90,000 to pay living expenses of one official's girlfriend.

3 min read · 05 January 2013

A place for patient capital?

Andy Thomson explains why the time may be right for growth investing in the Middle East to garner support.

3 min read · 05 January 2013

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