Private Equity

Middle East

Dubai growth was never “long-term sustainable”

With investor confidence sapped following the Dubai government's decision to seek a six-month “standstill” on the debt of Dubai World and Nakheel, Jones Lang LaSalle says the real danger is sovereign – not corporate – default.

3 min read · 05 January 2013

WSJ: Justice Department probes pension pay-to-play

Federal investigators are looking into possible illegal payments made to influence investment decisions at US pensions, including to placement agents.

1 min read · 05 January 2013

PERE Awards 2009: North America winners

Thousands of PERE readers voted for the individuals, firms and organisations they thought stood out from the crowd in 2009. Here we present the global winners. PERE March 2010 issue

10 min read · 05 January 2013

Nakheel gets emergency funding

The Middle East developer famous for building Dubai’s landmark palm tree island, Palm Jumeirah, has reportedly received financial assistance from the state’s $10-billion bailout programme. It comes as a government agency cancels four developers’ projects in the country.

2 min read · 05 January 2013

PERE Awards 2009: Global winners

Thousands of PERE readers voted for the individuals, firms and organisations they thought stood out from the crowd in 2009. Here we present the global winners.

10 min read · 05 January 2013

HSBC Asia, Intel Capital, IFC back Indian microfinance with INR700m

The investment will be used to help banking technology company FINO build a technology platform and expand its network.

2 min read · 05 January 2013

Study: Indian deals fall, exits rise in 2009

Private equity deal volume in India in 2009 declined 48% compared to 2008, but the number of exits increased to 66 from 36 in the same period.

2 min read · 05 January 2013

Considering compliance

Improved access to the estimated $1tr Shariah-compliant pool of capital in the MENA region may spur more firms to switch to Islamic private equity funds.

2 min read · 05 January 2013

EFG-Hermes to launch Syrian PE fund

The MENA-based investment bank is setting up an office in Damascus and will raise a private equity fund focused on the country.

2 min read · 05 January 2013

Gulf Capital closes Fund II on $544m

The Abu Dhabi-based firm, led by CEO Karim El Solh, has raised a significant portion of capital from investors in the US, Europe and Asia.

2 min read · 05 January 2013

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