Private Equity
The Dubai Government-backed investment firm’s emerging markets arm has purchased a 45 percent stake in KEF, the Middle East’s first fully automated steel castings foundry.
2 min read · 05 January 2013
The newly-formed private equity firm founded by three ZelnickMedia partners has emerged as the previously unidentified buyer of Greenfield Online’s internet survey business. Microsoft recently bought Greenfield for $486m after it bettered by $2 per share an earlier offer made by Quadrangle Group.
2 min read · 05 January 2013
The Central European private equity firm has also hired former Global Finance director Valeri Petrov to lead its charge into Southeastern Europe.
1 min read · 05 January 2013
Sovereign wealth funds have entered British football with The Abu Dhabi United Group, headed by ‘the Donald Trump of Abu Dhabi’, agreeing to buy Manchester City. Dubai International Capital previously tried to purchase a stake in the Tom Hicks-owned Liverpool team.
2 min read · 05 January 2013
Fisker Automotive has raised $65m from the Qatar Investment Authority, Kleiner Perkins Caufield & Byers and Palo Alto Investors. The capital will support the development of the company’s four-door, plug-in hybrid sports car.
2 min read · 05 January 2013
Abraaj Capital has appointed four executive directors across its investment, portfolio management and finance teams as it looks to continue its expansion in the Middle East, North Africa and South Asia.
2 min read · 05 January 2013
Israel's Infinity Equity has teamed again with China Singapore Suzhou Industrial Park Venture Partners, this time to back a spin-out of Hong Kong-listed technology company Digital China Holdings.
1 min read · 05 January 2013
Abu Dhabi, Ithmaar and Gulf Finance House are reportedly looking to raise three private equity funds, including one focused on infrastructure, that seek to mitigate the region’s increasing food and energy costs, coupled with challenges arising from climate change and rapid development.
2 min read · 05 January 2013
The exit, which was made in light of Romanian regulatory changes on the horizon, came as a ‘disappointment’ to the renewable energy-focused private equity firm, which had looked forward to building the largest wind farm development in Europe.
2 min read · 05 January 2013
Israel-based Gilat has pulled out of a deal with a private equity consortium led by the Los Angeles-based firm, citing an ‘intentional breach of the merger agreement’. The company has called for payment of a $47m break-up fee.
2 min read · 05 January 2013
