Private Equity

Middle East & North Africa

BrightSource Energy raises record $115m Series C round

The VantagePoint-backed solar energy company has raised fresh capital from a bevy of new investors, just two months after landing the largest-ever US government solar contracts.

2 min read · 04 January 2013

Qiming Venture Partners closes $320m fund

The China-focussed venture capital firm has raised its second fund and expanded its investment team in the country.

2 min read · 04 January 2013

NBK launches fund of funds for India

The Kuwaiti bank has launched a fund of funds to provide its private banking clients with an opportunity to invest in rapidly growing Indian companies.

2 min read · 04 January 2013

Dubai Capital invests alongside Citadel in glass factory

The Dubai Holding-owned buyout firm and the Egyptian firm have partnered sealing another private equity deal in the increasingly active Egyptian buyout market.

1 min read · 04 January 2013

Clear Channel confirms revised $26bn deal

TH Lee and Bain will settle litigation with lenders over their previously agreed buyout – after the deal’s debt and equity are put in escrow.

2 min read · 04 January 2013

TPG re-finances private jet firm

TPG-backed XOJET has secured nearly $2.5bn in debt and equity financing from investors and has agreed a separate joint venture with Tasameem Real Estate to establish a hub in Abu Dhabi.

3 min read · 04 January 2013

Actis boosts infrastructure team

The firm is increasing its capacity to invest in South and Southeast Asia where there is 'substantial demand' for power and transport infrastructure.

2 min read · 04 January 2013

Baring Asia raises $1.5bn

Jean Eric Salata, the Asian firm’s chief executive, said investor demand had been particularly strong because of its low-leverage growth focus.

2 min read · 04 January 2013

Lightspeed raises $800m for Fund VIII

The oversubscribed fund will deploy ‘substantial capital in China, India and Israel’ while maintaining the firm’s US focus.

2 min read · 04 January 2013

NBK Capital closes $125m Kuwait fund

The Middle East investment firm's third private equity fund will allow foreign contractors in Kuwait to fulfill ‘offset obligations’ through an investment in the fund.

2 min read · 04 January 2013

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