Private Equity
Institutional investors remain committed to emerging markets private equity and convinced it can offer higher returns than more developed markets. However, their perception of the risk involved has incresed since 2008.
2 min read · 05 January 2013
The Egypt-focused fund, which is targeting $100m, has raised $51.5m from ‘a significant number of European institutional investors’.
2 min read · 05 January 2013
The European development finance institution has committed to funds from two Central European mezzanine specialists: Mezzanine Management and Syntaxis. It has also approved a €20m commitment to a special situations fund.
2 min read · 05 January 2013
The proposed private equity fund will be managed by Prescient Fieldstone Investment Management and target final commitments of $500m. A first close is scheduled on $150m.
2 min read · 05 January 2013
African Energy Infrastructure Fund is now more than half-way toward its first close, which is expected in the middle of the year, and has already lined up its first deal in Ghana. In December 2008, it received a $30m equity commitment from the African Development Bank.
2 min read · 05 January 2013
The Africa-focused firm has acquired 25% of an insurance and banking group in the Cote d’Ivoire in a deal worth just under $50m. ECP is currently raising its third pan-African fund with a target of $1bn.
2 min read · 05 January 2013
Investor sentiment is on the decline as the region suffers from a decline in petro dollar surpluses coupled with the wider global economic turmoil.
2 min read · 05 January 2013
Marlow Capital is currently raising finance on a deal by deal basis. Its first buyout – that of South African waste management business Wasteman – is thought to be worth in the region of $50m.
2 min read · 05 January 2013
The Cairo-based firm, which expects to close its first institutional fund on $500m this year, is mulling a push into Iraq’s oil and gas sector before multinational oil companies gain further ground.
2 min read · 05 January 2013
The UK government-backed fund of funds has invested in Advanced Finance Investment Group’s maiden fund, which will hold a second close this year on its way to $150m.
2 min read · 05 January 2013
