Middle East & North Africa

Citi Venture Capital enters Israel

Citi Venture Capital International has made its first investment in Israel in Aviv Venture Capital’s second fund.

Aureos looks to raise $400m African fund(2)

Emerging markets buyout firm Aureos is looking to raise a pan-African fund as it aims to double its funds under management.

Ethos consortium gains exclusivity with R9.85bn casino group

South African casino group Gold Reef Resorts has entered into exclusive talks with an Ethos Private Equity-led consortium, and the bid already has 76 percent shareholder acceptance.

Actis and Helios exit Flamingo(3)

Tea company Finlays has bought horticultural business Flamingo, providing an exit for minority shareholders Actis and Helios Investment Partners.

Credit Suisse, Abu Dhabi back $77m solar investment(3)

Paladin Capital and a fund led by Credit Suisse, with the backing of the Abu Dhabi government, have invested $77 million in a producer of thin film solar products.

Aureos looks to raise $400m African fund

Emerging markets buyout firm Aureos is looking to raise a pan-African fund as it aims to double its funds under management.

Pamodzi raises first ever billion dollar African fund(3)

Pamodzi Investment Holdings, a South African black economic empowerment vehicle, has reportedly smashed the record for private equity fundraising in Africa.

Sentient makes first direct investment in China

The Sentient Group, a private equity firm focussing on metals, minerals and energy sectors, has backed a joint venture that will operate two mines and a power station in China.

KPS earns over 2x return on packing company exit(3)

KPS Capital Partners has exited its position in Blue Ridge Holding, selling the company to the Rank Group for $338 million and a more than 2x return.

DIC makes first direct MENA investment

Dubai International Capital has completed its first direct private equity investment in the region through the acquisition of luxury company Rivoli Group.