Middle East

Actis plans $250-300m Indian RE fund

The private equity firm is reportedly planning its first India dedicated real estate fund, targeting investors from the US, Europe and Asia.

Saudi prince backs $500m Zephyr fund(4)

Zephyr Management has quadrupled its African fundraising efforts. The fund has a $250 million cornerstone investment from Saudi Arabian listed firm Kingdom Holding, led by prince Alwaleed bin Talal bin Abdulaziz Alsaud.

Arcapita buys Texan power plant for $695m

Arcapita Bank, the Bahrain investment firm, has bought a Texan gas-fired power station, which targets the same market as TXU, the subject of a $45bn buyout last year.

HarbourVest raises $4bn for fifth non-US FoF

HarbourVest Partners’ latest fund of funds has a Europe-focussed main fund and an Asia Pacific-focussed sidecar fund.

KKR signs Turkey’s largest deal(3)

Kohlberg Kravis Roberts, the US buyout firm, has bought UN Ro-Ro in its first transaction in Turkey, making it the latest firm to gain exposure to the country and the neighbouring MENA region.

DFJ closes debut growth-stage fund on $290m(3)

US venture firm Draper Fisher Jurvetson has closed its first-ever growth stage tech fund on $290 million, exceeding its $250 million target. The fund is already 25 percent invested in five companies DFJ hopes will become ‘$1 billion’ enterprises.

Arsenal opens Shanghai office

Arsenal Capital Partners is the latest private equity shop to open an Asian office. It is the firm’s first office abroad.

Saudi prince backs $500m Zephyr fund(3)

Zephyr Management has quadrupled its African fundraising efforts. The fund has a $250 million cornerstone investment from Saudi Arabian listed firm Kingdom Holding, led by prince Alwaleed bin Talal bin Abdulaziz Alsaud.

DFJ continues global expansion(4)

Two weeks after announcing its newly-formed Russian affiliate, Draper Fisher Jurvetson has established an Israel fund in conjunction with Israeli VC firm Tamir Fishman Ventures.

KKR signs Turkey’s largest deal(2)

Kohlberg Kravis Roberts, the US buyout firm, has bought UN Ro-Ro in its first transaction in Turkey, making it the latest firm to gain exposure to the country and the neighbouring MENA region.