Private Equity
The African-focused firm, which started fundraising last year, is understood to have held a $250m first close in July and is expected to wrap up fundraising in May next year.
3 min read · 19 September 2013
The amount likely represents a first close for the Chinese conglomerate’s private equity vehicle, which is targeting $1bn for outbound investment.
2 min read · 19 September 2013
Graham Wrigley, whose previous board chairmanships include emerging markets firm Aureos, joins the UK institution as it continues its shift towards direct investing.
2 min read · 19 September 2013
A $25m lawsuit stemming from a ‘quick flip’ deal by mid-market firm Castle Harlan accuses the firm of sharing confidential information, though the lawsuit does not target the firm.
2 min read · 08 February 2013
New Enterprise Associates has collected about $2.1bn for its 14th fund, attracting commitments from 146 investors, according to an SEC filing.
2 min read · 08 February 2013
UK development finance institution CDC Group saw a swing of £341m from profitability in 2010 to a £72m loss last year, despite putting more capital to work in developing countries last year.
2 min read · 08 February 2013
After acquiring a $5.8m fund stake from another investor and assuming $14.2m in uncalled commitments, New Jersey’s Division of Investment now has a 15.5% stake in Tenex’s debut vehicle.
2 min read · 08 February 2013
The fund’s advisory board includes several US foreign policy heavyweights, including General Wesley Clarke and terror-expert Richard Clarke.
1 min read · 08 February 2013
The Cairo-based firm raised a combined $767.9m in third party cash for platform companies and at the firm level in 2011.
2 min read · 08 February 2013
Fusion Capital, led by chairman Phil Goodwin, has a flexible mandate that allows for broad changes in strategy to accommodate the fluid marketplace.
3 min read · 08 February 2013
