Private Equity
While the firm is focused on the Middle East and North Africa, ‘this is a fantastic time for global real estate’, said ADIC’s head of private equity, citing declining valuations, which ‘would continue for some time’.
1 min read · 05 January 2013
Aureos Capital, a private equity firm, focused on Asia, Africa and Latin America, has held a first close on a fund aimed at investing in Africa’s fledgling health sector. LPs include the IFC, The African Development Bank and The Gates Foundation.
2 min read · 05 January 2013
Citadel portfolio company TAQA Arabia has won a $165m gas distribution contract in Libya, while Dina Farms, an Egyptian dairy backed by the firm, has successfully secured $36m in debt financing.
2 min read · 05 January 2013
Chinese private equity investors have reportedly acquired a 20% stake in Chery Automobile for $293m.
2 min read · 05 January 2013
Sari Anabtawi will head the MENASA-focused firm’s fourth office outside the UAE. He leads a seven-strong team, which will source investment opportunities and work to grow the businesses of the firm’s portfolio companies in the kingdom and in the region.
2 min read · 05 January 2013
The former CIO of Troika Capital Partners is setting up an independent operation along with three other senior Troika dealmakers.
2 min read · 05 January 2013
Previously the preserve of energy specialists and pan-regional players, Angola will soon have its first domestic private equity fund founded by a local bank and a development finance institution.
2 min read · 05 January 2013
African leaders are looking for private money as they try to launch an ambitious programme to improve trade links
1 min read · 05 January 2013
The development bank has approved a ZAR 100m commitment to the Evolution One Fund, which will be focused mainly on South Africa.
1 min read · 05 January 2013
Anthony Gichini, formerly of the IFC’s SME Support Centre, has joined socially-minded private equity firm InReturn as managing partner in Nairobi. The InReturn East Africa Fund is close to making its first investment.
1 min read · 05 January 2013
