Private Equity
The Kuwait Projects Co. plans to raise its first private equity fund, ‘market conditions permitting’, that would invest in sectors including real estate and financial services.
1 min read · 05 January 2013
The Abu Dhabi Investment House is reportedly planning to launch a private equity fund to acquire distressed assets.
1 min read · 05 January 2013
A consortium led by the Bahrain-based listed private equity firm has acquired a 70% stake in L’Azurde, a Saudi Arabian jewellery company valued at $300m. The demographics underpinning MENA's demand for jewellery are encouraging, said co-head of Investcorp’s Gulf growth capital business, Azmat Taufique.
2 min read · 05 January 2013
The $40m investment from the private equity arm of Saudi Arabian bank NCB Capital will enable Egypt’s Sigma Pharmaceutical to expand into other key markets.
2 min read · 05 January 2013
Following on from its debt default in December, the Kuwaiti-government backed financial institution has restructured its management as part of ongoing reform. It is unclear how this affects its private equity activities.
2 min read · 05 January 2013
The Bahrain-based firm has added a third school to its education platform with the acquisition of Dubai-based Al Maaref school.
1 min read · 05 January 2013
Samir Assaad Samaan, formerly NBK Capital’s head of private equity, will lead the Abu Dhabi-backed firm’s push into the buyout market.
2 min read · 05 January 2013
Norwegian solar energy firm NorSun has raised NOK1.15bn in Series C funding for the expansion of its silicon ingot production lines. The financing was led by Swiss clean energy investor Good Energies which invested NOK250m.
2 min read · 05 January 2013
The government-backed fund of funds investor has supported the Endeavour Growth Fund, which will raise up to NZ$420m for investments in tech companies.
1 min read · 05 January 2013
The UK-based secondaries firm has hired Eric Pathé as an investment director just months after it appointed Matthew Arkinstall and Robert Savage.
1 min read · 05 January 2013