Private Equity
The Group, a new United Arab Emirates private equity firm, has been set up to invest AED200m in the region.
2 min read · 30 December 2012
The Cypress Group has bolstered its Stone Canyon platform with the acquisition of Vacation Connections. The transaction represents one of the first deals since the departure of Cypress co-head Jamie Singleton.
2 min read · 30 December 2012
The Swiss-headquartered investment firm has already received over $100 million in commitments for the new fund.
1 min read · 30 December 2012
The Middle East private equity firm has closed its new fund, ABOF II, and looks set to invest nearly 25 percent of it in the next six months.
2 min read · 30 December 2012
Pop singer Michael Jackson’s financial troubles have become a spectator sport the world over, as distressed investor Fortress moves towards foreclosing on the King of Pop’s outstanding debt – and his stake in the valuable Beatles’ catalogue. By Aaron Lovell.
2 min read · 30 December 2012
Michael Eisenberg has joined early stage tech investor Benchmark Capital as a general partner in the Israel office.
1 min read · 30 December 2012
Dubai-based Istithmar reportedly beat off competition from Carlyle, Exponent and 3i to purchase the shipping services firm for $285 million.
1 min read · 30 December 2012
California investment and advisory firm Pacific Corporate Group is launching a subsidiary that will make investments and provide advice for clients investing in emerging markets.
2 min read · 30 December 2012
The investment arm of the government of Singapore has partnered with Istithmar to take a stake in Bumrungrad Hospital Public Company.
2 min read · 30 December 2012
Investcorp wrapped up the fundraising for its second ‘venture-buyout’ fund, closing on $300m for its Investcorp Technology Ventures II. The fund, which was oversubscribed, exceeded its target by $50m.
2 min read · 30 December 2012