Middle East

Qatar National and Oxford Capital launch venture firm(2)

Qatar National Bank has teamed up with Oxford Capital Partners to found Qatar Capital Partners, which will back technology companies in Qatar.

European Venture Partners re-brands, closes third fund(2)

European Venture Partners, a provider of venture debt products, has changed its name to Kreos Capital and has closed its third fund on €200m.

Battery grows Silicon Valley team(2)

Battery Ventures has hired away two tech industry professionals, VeriSign’s Matt Niehaus and Google’s Satya Patel.

Israel’s Vintage closes third fund(2)

Vintage Venture Partners, an Israeli fund of funds and secondaries firm, has closed its third fund at $125 million.

Cipio buys Siemens’ venture portfolio(2)

Cipio Partners has acquired the majority of Siemens Venture Capital Communications in one of the largest secondary direct portfolio transactions completed in the last few years.

Carlyle bulks up MENA team in Turkey(2)

The Carlyle Group announced the firm hired an Ernst & Young veteran from the region to advise the firm’s investments within the country.

Qatar to build Sainsbury’s stake(2)

Qatar’s state investment fund is looking to build its own strategic stake in Sainsbury’s, and is not in talks with Marks & Spencer for a joint bid, as was reported at the weekend.

STAR flying high with double deal(2)

STAR Capital Partners, a UK-based fund that specialises in capital-intensive infrastructure investments, has bought and merged two flight simulator businesses as it continues to tap into the airline industry’s trend towards outsourcing.

Applebee’s considers sale(2)

The international casual dining franchise with a $1.96bn market cap has announced it will explore strategic alternatives to enhance shareholder value.

OPIC sponsors three Jordan-related funds(2)

US investment agency Overseas Private Investment Corporation is committing $200 million to three private equity funds that will be investing in Jordan.