Middle East & North Africa

Ithmaar appoints McKinlay as executive director(3)

Stormberg Partners founder Michael McKinlay has been appointed executive director of Ithmaar Bank’s private equity team.

Kreos puts another €50m to work(3)

The venture debt specialist has invested another €50 million after agreeing ten deals in as many weeks, as it continues to take advantage of strong demand to put its third fund to work at express pace.

Kreos puts another €50m to work(2)

The venture debt specialist has invested another €50 million after agreeing ten deals in as many weeks, as it continues to take advantage of strong demand to put its third fund to work at express pace.

Uzumeri to head Teachers' PE arm

Teachers' has named Erol Uzumeri, who currently manages international private equity investments at the Canadian pension, to succeed Jim Leech as head of its private equity arm.

Elden rejoins AIG to lead Turkey effort

Serkan Elden has returned to AIG Investments to spearhead its investment activities in Turkey, having left the firm after a six-year spell in 2004.

3i adult carer exit has 61% IRR(3)

FTSE 100 listed 3i had a 61 percent IRR and a 3.9 money multiple on the sale to Three Delta of a company it first invested in 10 years ago, Care Principles.

Kreos puts another €50m to work

The venture debt specialist has invested another €50 million after agreeing ten deals in as many weeks, as it continues to take advantage of strong demand to put its third fund to work at express pace.

Travant raising $300m West and Central African fund

Travant Capital Partners, a Nigerian buyout firm targeting indigenous investors, is targeting a $150 million close in October.

Citi makes two Turkish venture investments

The venture capital business of Citi Alternative Investments has bought stakes in two Turkey-quoted retail companies as it seeks to increase its exposure to the region.

Actis resolves succession difficulties at mattress maker

The Moukarim family has sold its majority stake in the Nigerian foam mattress company Mouka to emerging markets buyout firm Actis in an effort to resolve succession problems.