Private Equity
The Carlyle Group announced the firm hired an Ernst & Young veteran from the region to advise the firm’s investments within the country.
1 min read · 03 January 2013
The consortium buying Alexander Forbes, a South African financial services group, has increased its offer despite having agreed the deal three months ago.
1 min read · 03 January 2013
Apax Partners has completed its second lucrative exit in two weeks after selling TIM Hellas, the Greek mobile operator it co-owned with Texas Pacific Group, to Egyptian telecoms entrepreneur Naguib Sawiris.
2 min read · 03 January 2013
The UK government’s investment arm dedicated to emerging markets has placed $100m into a vehicle focused on property in African—its first commitment to a fund focused solely on property.
1 min read · 03 January 2013
Apax Partners has continued its string of recent exit successes by selling CBR, a German fashion retailer it co-owned with Cinven, to Swedish buyout firm EQT.
2 min read · 03 January 2013
The international casual dining franchise with a $1.96bn market cap has announced it will explore strategic alternatives to enhance shareholder value.
2 min read · 03 January 2013
Naeem Capital, the investment arm of an Egyptian bank, has reportedly emerged as front-runner in the acution for the luxury car maker, backing the bid by David Richards, a motor industry veteran.
1 min read · 03 January 2013
Les Bider has left his position as ‘executive-in-residence’ at upstart private equity firm Elevation Partners to become chief strategist at Los Angeles-based venture firm ITU.
2 min read · 03 January 2013
Hedge fund behemoth SAC Capital is preparing to launch an Asia-focused private equity investment platform under the direction of three professionals who worked together at Ripplewood, according to market sources.
2 min read · 03 January 2013
Joshua Gotbaum will join the upstart New York-based firm as an operating partner and will also become its chief restructuring officer.
2 min read · 03 January 2013