Private Equity
The Canada Investment Fund for Africa, to be managed by emerging markets-focused firms Actis and Cordiant, will target mid-market opportunities across Africa.
2 min read · 03 January 2013
Emerging markets investor Actis has hired former Go and Virgin Nigeria Airways founder Simon Harford to pilot its Nigerian operation. Robert Venes talks to Peter Schmid, Actis’ managing partner for Africa, about Harford’s appointment and the firm’s activities in the region.
3 min read · 03 January 2013
Mark Richards, an 18-year veteran of Barclays, is the second hire in recent months for Actis following the appointment of former Microsoft India MD Rajiv Kaul.
1 min read · 03 January 2013
Venture capitalists have made a number of recent investments in news-related blogs, hoping that the promise of big revenue and low cost pans out. Dave Keating reports.
4 min read · 03 January 2013
Abraaj Capital has hired former investment banker Mustafa Abdel Wadood as managing director after also promoting Shirish Saraf to managing director in April.
1 min read · 03 January 2013
French mid-market firm Pragma Capital has acquired Barclays Private Equity’s 80 percent stake in La Croissanterie, France’s second-largest sandwich chain.
1 min read · 03 January 2013
Avista Capital Partners has committed $50 million to London-based Celtique Energie Limited to develop and explore onshore basins in Europe and Africa.
2 min read · 03 January 2013
The global private equity firm has acquired a major clothing retailer in Mexico for $200 million. The deal includes $90 million in cash-flow based debt.
2 min read · 03 January 2013
A new set of private equity valuation guidelines have been endorsed in the farthest corners of the world - but not in the US. By Judy Kuan.
3 min read · 03 January 2013
Despite good intentions, Illinois’ boycott on Sudan-related investments has gotten a state pension banned from at least one prominent private equity fund.
2 min read · 03 January 2013
