Private Equity
The Egypt-focused fund, which is targeting $100m, has raised $51.5m from ‘a significant number of European institutional investors’.
2 min read · 05 January 2013
The proposed private equity fund will be managed by Prescient Fieldstone Investment Management and target final commitments of $500m. A first close is scheduled on $150m.
2 min read · 05 January 2013
African Energy Infrastructure Fund is now more than half-way toward its first close, which is expected in the middle of the year, and has already lined up its first deal in Ghana. In December 2008, it received a $30m equity commitment from the African Development Bank.
2 min read · 05 January 2013
The Africa-focused firm has acquired 25% of an insurance and banking group in the Cote d’Ivoire in a deal worth just under $50m. ECP is currently raising its third pan-African fund with a target of $1bn.
2 min read · 05 January 2013
Marlow Capital is currently raising finance on a deal by deal basis. Its first buyout – that of South African waste management business Wasteman – is thought to be worth in the region of $50m.
2 min read · 05 January 2013
The Cairo-based firm, which expects to close its first institutional fund on $500m this year, is mulling a push into Iraq’s oil and gas sector before multinational oil companies gain further ground.
2 min read · 05 January 2013
The UK government-backed fund of funds has invested in Advanced Finance Investment Group’s maiden fund, which will hold a second close this year on its way to $150m.
2 min read · 05 January 2013
A consortium led by the Bahrain-based listed private equity firm has acquired a 70% stake in L’Azurde, a Saudi Arabian jewellery company valued at $300m. The demographics underpinning MENA's demand for jewellery are encouraging, said co-head of Investcorp’s Gulf growth capital business, Azmat Taufique.
2 min read · 05 January 2013
The $40m investment from the private equity arm of Saudi Arabian bank NCB Capital will enable Egypt’s Sigma Pharmaceutical to expand into other key markets.
2 min read · 05 January 2013
The Bahrain-based firm has added a third school to its education platform with the acquisition of Dubai-based Al Maaref school.
1 min read · 05 January 2013
