Private Equity

North Africa

Helios targets $650m for Fund II

The Sub-Saharan Africa-focused fund has attracted commitments from CDC and IFC. It will invest around 50% of its capital in infrastructure-related projects.

2 min read · 05 January 2013

Wellcome’s Africa and Middle East head departs

Ritesh Anand has left the £13bn endowment to raise a Zimbabwe-focused fund.

1 min read · 05 January 2013

Carlyle- and GS-backed Cobalt eyes $1bn listing

The oil and gas exploration platform, created in 2005 by a consortium including Carlyle, Goldman and First Reserve, hopes to fund its exploration activities despite having ‘no proved reserves’.

2 min read · 05 January 2013

Citadel Capital in $55m partial exit

The Cairo-headquartered private equity firm has trimmed its stake in cement platform company ASEC, selling stakes to one of its LPs.

2 min read · 05 January 2013

Ethos hits fundraising trail with revised target

The South African firm hopes to raise as much for Fund VI as its $750m predecessor.

2 min read · 05 January 2013

Actis builds oil and gas portfolio with $102m investment

The emerging markets-focused private equity firm is forming an oil and gas industry joint venture with Singapore's KS Energy.

2 min read · 05 January 2013

Citadel acquires taste for Sudanese halva

On the heels of revealing it would publicly list a portion of its management company, the MENA-focused firm has purchased distressed food producer Al-Musharraf for $19m.

2 min read · 05 January 2013

Eyes on Africa

Chris Josselyn explains why it’s high time that infrastructure investors take the African infrastructure proposition seriously.

2 min read · 05 January 2013

Swicorp in Italian ceramic designer add-on

The MENA-focused firm's portfolio company Uniceramic has acquired a stake in Powergres, helping extend Uniceramic's distribution beyond the Middle East.

2 min read · 05 January 2013

IFC mulls $20m commitment to Swicorp fund

MENA-focused Swicorp Intaj Capital II aims to hold an $80m first close early next year, on its way to $400m.

2 min read · 05 January 2013

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