Private Equity
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.
2 min read · 05 January 2013
African leaders are looking for private money as they try to launch an ambitious programme to improve trade links
1 min read · 05 January 2013
Despite having seen its private equity assets decline by about $7bn last year, KKR told investors its dry powder, new business lines and products have it poised for growth.
2 min read · 05 January 2013
The development bank has approved a ZAR 100m commitment to the Evolution One Fund, which will be focused mainly on South Africa.
1 min read · 05 January 2013
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.
2 min read · 05 January 2013
The fund will reportedly invest in distressed shipping assets and provide expansion capital to shipping companies.
1 min read · 05 January 2013
Following the close of its debut special situations fund on under $200m last October, the Abraaj spin-out is expanding its business lines.
2 min read · 05 January 2013
Anthony Gichini, formerly of the IFC’s SME Support Centre, has joined socially-minded private equity firm InReturn as managing partner in Nairobi. The InReturn East Africa Fund is close to making its first investment.
1 min read · 05 January 2013
The investment in the MENA-focused private equity firm’s debut institutional fund will be used to help companies in the region develop beyond their local markets.
2 min read · 05 January 2013
Ford Fraker will augment the firm’s network and relationships in the Middle East, where KKR began operations last year. He remains a shareholder in Trinity Group, a London-based investment bank and placement agent he co-founded in 1996.
1 min read · 05 January 2013
