Private Equity
Srini Vudayagiri was promoted to his current role from managing director less than three months ago. He will depart the firm at the end of May and ‘will continue to be part of the venture capital industry”.
1 min read · 05 January 2013
Venture capital investments in Israeli high-tech companies fell from $617 million in the first quarter of 2008 to $265 million in the first three months of 2009, making it the slowest quarter in the last three years.
1 min read · 05 January 2013
The alternative investment firm will close its third MENA-focused private equity fund 'in two weeks'. The fund will invest in Algeria, Egypt, Jordan, Lebanon, Morocco, Palestine, Syria and Tunisia.
2 min read · 05 January 2013
Mohamed Abdelsalam will drive deal sourcing and portfolio management in Egypt. The appointment forms part of the firm’s strategy to expand in the North African region.
1 min read · 05 January 2013
The former venture unit of telecoms giant Nokia had originally targeted $300m for BRV IV. The fund will make most of its investments in the US and China, where it is looking to expand its investment team.
2 min read · 05 January 2013
The Kuwaiti-headquartered firm has sold its interest in Reliance Petroleum, generating an IRR of more than 70%.
2 min read · 05 January 2013
Shareholders will vote today on the Dubai-based bank's fate; last month, they unanimously opted to keep the company a going concern.
1 min read · 05 January 2013
The mega-firm, which has already slashed the size of its $19.8bn buyout fund and its $6bn financial-services fund, will give investors in TPG Asia V the option to cut commitments by up to 10%.
2 min read · 05 January 2013
The funding will help APR Energy scale up its operations in the Gulf region and North Africa.
1 min read · 05 January 2013
Formerly an investment vehicle for Abu Dhabi’s sovereign wealth, the Abu Dhabi Investment Company is expanding into M&A advisory with the hire of Alex Carré de Malberg.
2 min read · 05 January 2013
