Private Equity
The Kuwait-based firm has acquired a quarry and site for a cement plant in Tunisia on a Greenfield plot over 220 hectares.
2 min read · 05 January 2013
Lehman Brothers Merchant Banking will partially spin out as an independent firm, while the failed bank will retain ownership of a portion of the funds. Limited partners in Lehman’s most recent buyout fund have been given the option to reduce unfunded commitments by 25%.
2 min read · 05 January 2013
The second fund being raised by the MENA-focused firm is expected to reach its $350m target within a few months.
1 min read · 05 January 2013
The fund is the GCC region’s first sharia-compliant mezzanine vehicle and will provide financing to a mixed-used development in Qatar.
1 min read · 05 January 2013
SHUAA Partners has raised $165m to invest in hotels, resorts and serviced apartments in the Middle East and North Africa. The firm plans to invest in the development of five- and four-star hotels, resorts, budget business hotels and serviced apartments.
2 min read · 05 January 2013
While lauding its ‘exceptionally good’ returns and commitment to developing countries, the National Audit Office has highlighted ‘lapses in oversight and governance’ regarding CDC’s remuneration policy.
2 min read · 05 January 2013
A joint partnership between Venture Partners Botswana and the Botswana Medical Aid Society has purchased a 90% stake in Medical Rescue International Botswana.
1 min read · 05 January 2013
The pan-African specialist will take board seats on Finagestion, a water and power supplier for Côte d’Ivoire and Senegal.
2 min read · 05 January 2013
Former BHP Billiton executive will join Denham’s London office to focus on mining investments.
1 min read · 05 January 2013
Asia-focused Olympus has teamed with US venture firm Bessemer on a $55m investment in Orient Green Global.
1 min read · 05 January 2013
