Private Equity
Following the launch of its $1bn real estate debt vehicle, the Bahrain-based investment firm has appointed former JP Morgan and Bear Stearns professional, Christopher Hoeffel, to help grow its debt investment business.
1 min read · 05 January 2013
Investcorp president and chief operating officer Gary Long says the Bahrain-based firm’s investments portfolios were ‘under pressure’ owing to volatility in the financial markets.
1 min read · 05 January 2013
The Middle Eastern banks have suffered ratings cuts due to concerns over high leverage, a strain on liquidity and an expected fall in the value of the firms' private equity and real estate investments.
2 min read · 05 January 2013
The Abu Dhabi Commercial Bank and Macquarie joint infrastructure fund's investment will help support infrastructure developments commissioned by the Abu Dhabi government. The fund has raised more than half of its $1bn target.
1 min read · 05 January 2013
The Southern California-based private equity advisor will manage AMP’s Future Directions Private Equity Fund and act as the firm’s ‘exclusive’ partner in Australia and New Zealand.
2 min read · 05 January 2013
Bessemer Venture Partners has promoted three professionals, two of whom are located in Mumbai and one in Massachusetts.
2 min read · 05 January 2013
3i veteran Michael Queen will now steer the firm, whose top 50 investments lost £682m in the past nine months. Last year, 3i invested a total of £841m, down dramatically from the £1.8bn the prior year. 3i's share price has plummeted in recent months, this morning losing nearly 4%, giving it a £941m market capitalisation.
2 min read · 05 January 2013
For its second funding round, the Israel- and China-focused private equity firm invested $13m alongside other investors in Chiral Quest Corporation.
2 min read · 05 January 2013
Aurum Ventures, Canaan Partners and Evergreen Venture Partners are among the firms that have invested in N-trig. The investment will be used to fund technological innovation and the development of new platforms.
1 min read · 05 January 2013
Alok Mittal and Izhar Shay will augment the firm’s presence in India and Israel respectively. Both will continue to focus on the technology sector.
2 min read · 05 January 2013
