North Africa

The emerging trend is your friend(2)

As established private equity markets slow in the wake of the credit crunch, global firms are looking further afield and local emerging market managers know this is no flash in the pan, Nicholas Lockley writes.

Och-Ziff teams with South African tycoon

The publicly listed alternative assets manager will invest in Africa’s natural resources via a joint venture with Tokyo Sexwale’s Mvelaphanda Holdings and Africa-focussed Palladino Holdings.

Denham recruits ex-Nomura head for London push(3)

Denham Capital Management is the latest US power industry investor to set up a London office, after recruiting the former head of energy at Japanese bank Nomura International Louis van Pletsen.

Capital Trust targets $300m MENA fund

The investment firm is preparing to go back to investors having nearly invested its $65 million regional fund, as activity continues in the burgeoning MENA region.

Middle East investors defy the credit crunch

While the credit markets have placed many private equity deals on hold, the ability of investors from the Middle East to deploy capital appears undiminished.

Ethos exits outsourcing company after 8 years

Ethos Private Equity has sold Tsebo Outsourcing Group having carried out a problematic disposal of a non-core on-flight catering business following the terrorist attacks of September 11, 2001 and ridden out price inflation in South Africa.

First Reserve pays $420m for South African mining company

First Reserve hopes to take advantage of soaring nuclear power industry demand for uranium with an acquisition in South Africa.

Blackstone real estate fundraise passes $10bn

The private equity real estate division of Blackstone has yet to reach a final close, but its commitments to date mean the New York alternatives giant now controls the largest funds in both private equity and private equity real estate.

ECP, Truffle pay $53m for Moroccan mines

Emerging Capital Partners, in partnership with Truffle Capital, has acquired a third African mining company with its $53 million purchase of Morocco’s Compagnie Miniere de Touissit.

Denham recruits ex-Nomura head for London push(2)

Denham Capital Management is the latest US power industry investor to set up a London office, after recruiting the former head of energy at Japanese bank Nomura International Louis van Pletsen.