Private Equity
Global infrastructure specialist Macquarie and the Abu Dhabi Commercial Bank have already raised more than half the fund.
1 min read · 05 January 2013
The New York-based mega-buyout shop will cut back on 5% of its roughly 1,400-member workforce. The news comes after the publicly listed firm reported steep losses in the third quarter.
2 min read · 05 January 2013
Qatar's QInvest is aiming for a $250m first close early next year for its maiden private equity fund. Meanwhile, plans to raise $1bn in tandem with Silver Leaf and Qatar Islamic Bank have been delayed.
1 min read · 05 January 2013
The Facebook investor has closed two funds totalling more than $1bn to continue its growth investment strategy.
1 min read · 05 January 2013
The fund is the GCC region’s first sharia-compliant mezzanine vehicle and will provide financing to a mixed-used development in Qatar.
1 min read · 05 January 2013
BNP Paribas has reportedly launched a $300m fund for investment in small and medium-sized businesses in the MENA region with the dual aims of taking advantage of lower valuations and helping businesses obtain much-needed growth capital.
1 min read · 05 January 2013
The private equity arm of the Middle East investment bank holds a first close on its Saudi Hospitality Fund on $240m. The fund – said to be the first Saudi Arabia-domiciled private equity real estate fund –will develop 17 hotels and apartments in the kingdom.
1 min read · 05 January 2013
SHUAA Partners has raised $165m to invest in hotels, resorts and serviced apartments in the Middle East and North Africa. The firm plans to invest in the development of five- and four-star hotels, resorts, budget business hotels and serviced apartments.
2 min read · 05 January 2013
The Middle Eastern market is being affected by the credit crunch as it looks to cut back on ‘overcapacity’. The investment bank operates various private equity and real estate funds, including a $533m Saudi hospitality fund.
2 min read · 05 January 2013
Opportunities for consolidation in the financial services sector – particularly among life insurance and asset management firms – have led Resolution, like Marfin and Global Investment House earlier this year, to access the public markets.
1 min read · 05 January 2013
