Private Equity

Middle East

Swicorp consortium buys polysilicon plant

A consortium of three companies has invested to build a plant to produce the main raw material used in solar power plants as private equity firms continue to invest in alternative energy in the Middle East.

1 min read · 04 January 2013

New York commits $203m across four funds

The New York State Common Retirement Fund has re-upped with Bridgepoint and developed three new relationships.

1 min read · 04 January 2013

Millennium Private Equity completes first close on two funds

The Middle Eastern private equity firm has raised $200m and $150m for two of the seven sector-focussed funds it plans to raise. It is targeting $5bn across the seven funds.

2 min read · 04 January 2013

3Com to pursue $66m break-up fee from Bain Capital

Following Bain’s termination of a $2.2 billion buyout, 3Com says the move was not ‘valid’.

1 min read · 04 January 2013

Blackstone appoints Turkish business luminary

Kemal Kaya, a leading figure in the Turkish banking world, has joined Blackstone, as buyout firms descend on the region.

2 min read · 04 January 2013

Apollo raises $1.4bn for European real estate

Fundraising by European-focussed opportunity real estate vehicles has reached $5 billion this year with the closing of Apollo Real Estate Advisors' third dedicated Euro fund.

2 min read · 04 January 2013

Report: Mobius looks to invest in Iraq

The renowned emerging markets investor is reportedly seeking investment opportunities for the Templeton Emerging Markets Equity Group in the war ravaged country.

1 min read · 04 January 2013

Actis plans $250-300m Indian RE fund(2)

The private equity firm is reportedly planning its first India dedicated real estate fund, targeting investors from the US, Europe and Asia.

2 min read · 04 January 2013

Bain axes $2.2bn 3Com buyout

Unable to negotiate a new deal that would allay US regulatory concerns over national security threats, Bain has called off its buyout of the data networking company.

2 min read · 04 January 2013

Rabih Khoury and DIC to part ways

The chief executive of DIC Emerging Markets, one of the arms of the Dubai investment firm, is leaving the company.

1 min read · 04 January 2013

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