Private Equity

Middle East

Markstone to pay $18m to settle with Cuomo

New York Attorney General Andrew Cuomo has reached a deal in which Markstone will pay back all management fees related to the state's pension.

2 min read · 05 January 2013

Israeli VC firms back mobile digital TV chip maker with $23.5m

Siano Mobile Silicon will use the capital to scale up its production capacity, develop new products and explore new markets.

2 min read · 05 January 2013

Quadrangle enters Asia with $300m telecom deal

The New York-based firm has led seven other investors in backing Tower Vision, as they look to capitalise on India's rapidly growing wireless telecoms market.

2 min read · 05 January 2013

Study: VC investments in Israel hit lowest point since 2003

Just $1.12bn was invested in Israel's 'at-risk' venture capital sector in 2009 - a 46% decline on the 2008 total. A further slump is predicted for 2010.

2 min read · 05 January 2013

Frequent flyers

In the new private equity fundraising reality, GPs are going to have to clock up a lot more air miles, writes Christopher Witkowsky

3 min read · 05 January 2013

Planting flags in Turkey

Turkey’s dynamic demographics and healthy macroeconomic trends have caught the attention of the global private equity industry. But some challenges remain.

5 min read · 05 January 2013

Abraaj partners local group to raise $50m Palestine fund

The MENA-focused firm and the Palestine Investment Fund, an entity that invests on behalf of Palestinians, have provided a $15m anchor commitment to a fund that will invest in Palestinian SMEs.

1 min read · 05 January 2013

Jordan Dubai Capital, Kazayna Capital Management to set up PE and infrastructure funds

The firms will also develop infrastructure projects in the power, water and transportation logistics sectors in Jordan and Kazakhstan.

2 min read · 05 January 2013

First Eastern eyes $250m Dubai fund

The Hong Kong-based private equity firm's focus on Dubai continues with the launch of a fund to 'support sustainable businesses connected to Dubai as a trading, logistical and financial centre'.

2 min read · 05 January 2013

Hines to launch $1bn UAE distressed fund

According to reports in the local media, the Houston-based developer and fund manager is aiming to start investing through the vehicle in the next six to nine months.

2 min read · 05 January 2013

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