Private Equity

Middle East & North Africa

Arcapita scraps Viridian auction

The auction process for the Irish power group attracted acceptable bids, but concerns over their ‘deliverabiliy’ have led Arcapita to put the sale on ice.

1 min read · 05 January 2013

Quinlan sells 50% stake in Jurys Inns

The Oman Investment Fund acquires half of the hotel chain from the Dublin-based private equity real estate firm, just one year after Quinlan purchased Jurys Inns for €1.17bn. The deal will allow Quinlan to take advantage of falling real estate values in the UK.

2 min read · 05 January 2013

Investcorp expands debt business

Following the launch of its $1bn real estate debt vehicle, the Bahrain-based investment firm has appointed former JP Morgan and Bear Stearns professional, Christopher Hoeffel, to help grow its debt investment business.

1 min read · 05 January 2013

Investcorp ‘negatively impacted’ by financial instability, report

Investcorp president and chief operating officer Gary Long says the Bahrain-based firm’s investments portfolios were ‘under pressure’ owing to volatility in the financial markets.

1 min read · 05 January 2013

S&P downgrades Arcapita and Investcorp

The Middle Eastern banks have suffered ratings cuts due to concerns over high leverage, a strain on liquidity and an expected fall in the value of the firms' private equity and real estate investments.

2 min read · 05 January 2013

ADCB Macquarie fund in $188m debut deal

The Abu Dhabi Commercial Bank and Macquarie joint infrastructure fund's investment will help support infrastructure developments commissioned by the Abu Dhabi government. The fund has raised more than half of its $1bn target.

1 min read · 05 January 2013

Pacific Road to invest $26m in nickel miner

The investment in Albidon’s Munali Nickel Project in Zambia is the firm's first nickel mining deal in Fund I.

2 min read · 05 January 2013

Reinet picks up Lehman funds

An investment vehicle owned by Johann Rupert will commit $230m to obtain control of two Lehman Brothers Merchant Banking Funds.

1 min read · 05 January 2013

StepStone wins AMP Capital mandate

The Southern California-based private equity advisor will manage AMP’s Future Directions Private Equity Fund and act as the firm’s ‘exclusive’ partner in Australia and New Zealand.

2 min read · 05 January 2013

Standard Bank Private Equity opens in Lagos

The specialist emerging markets bank, whose private equity investments have until now focused on South Africa, is establishing a Nigerian private equity team to be headed up by Lloyd Onaghimon.

2 min read · 05 January 2013

Showing 1,231 to 1,240 of 2,511 results
1…123125…252