Private Equity
The French fund of funds’ fundraising success comes as its core European mid-market remains buoyant despite difficulties in the worldwide credit markets.
1 min read · 04 January 2013
Bahrain’s Ithmaar Bank, Shamil Bank and the Islamic Investment Company have held a first close on their mutli-strategy private equity fund targeting $500 million.
1 min read · 04 January 2013
Dubai-based buyout firm Abraaj Capital will hold the second close of its infrastructure and growth capital fund in September, and is on course for a final close on $2 billion by the end of the year.
1 min read · 04 January 2013
The direct investment arm of AIG Investments has sold its 14.15 percent stake in Turkey’s largest chain of movie theaters.
2 min read · 04 January 2013
Investment banking revenues from buyout firms have plummeted and deal volume was down by 65 percent in a malignant quarter for mega-buyout firms.
2 min read · 04 January 2013
Global Capital Management, a subsidiary of Kuwaiti investment bank Global Investment House, has held a first close on its MENA fund with more than $500 million in commitments.
2 min read · 04 January 2013
While the credit markets have placed many private equity deals on hold, the ability of investors from the Middle East to deploy capital appears undiminished.
2 min read · 04 January 2013
The PCG spin-out has hired another ex-PCG executive, Stephen Moseley, who will establish the advisory group’s New York office and lead co-investment activities.
2 min read · 04 January 2013
South African investment firm Brait’s results have benefitted from private equity activity, as competition increases in its domestic market with the arrival of large global firms.
1 min read · 04 January 2013
Emerging Capital Partners, in partnership with Truffle Capital, has acquired a third African mining company with its $53 million purchase of Morocco’s Compagnie Miniere de Touissit.
1 min read · 04 January 2013
