Middle East & North Africa

Barclays Private Equity leads cosmetics MBO

Deal worth £47m enables manufacturing outsource business to buy itself out of South African VC and expand its UK business.

Migdal looks to enter venture capital

Israel’s largest insurance company is looking to set up its own venture capital fund to invest directly in local businesses.

Third quarter boost for Israeli companies

The average capital commitment made to Israeli companies in the third quarter 2001 rose by 24 per cent from the previous period, meaning the region enjoyed investment levels similar to 1999.

Austrian Israeli partnership for CEE

Vienna-based European Privatization and Investment Corp and Israeli investment bank Shrem Fudim Kelner are to launch a fund targeting investment in the region.

Deal Round-up 26/05/01

Benchmark Capital backs Alternis with $4.5m, Congruency raises further $10.25m, 3i & ACT invest in Intense Photonics

Mazel Tov! Benchmark closes Israeli fund

Cisco and Infineon contributed to the $220m fund, which has so far made five investments.

Rapisarda joins Ariadne

The former Nomura executive’s brief will be to raise a co-investment fund for Julie Meyer’s new venture.

Bezeq, Discount launch $50m VC fund

Stage-One Ventures, backed by Bezeq and Israel Discount Capital Markets, is looking to invest in early stage technology start-ups.

PR lands £20m from Bridgepoint and BoS

Bridgepoint Capital and bank of Scotland have put about £20m into a new pan-European PR firm to be headed up by Michael Murphy, formerly of Shandwick International. The new firm has already made its first acquisition.

Deal round-up 24/04

SMI, Friends Ivory, SFKT, Merrill and Velvet show them the money.