Private Equity
Medical foundation the Wellcome Trust, helmed by CIO Danny Truell (pictured), has vowed to triple its exposure to Africa over the next five years.
1 min read · 05 January 2013
Private equity group Helios, co-led by Tope Lawani (pictured), has closed its latest fund on $900m after two years in the market. It is understood to be the biggest fund raised for Africa.
2 min read · 05 January 2013
The former Sequoia India team has reportedly collected the amount just a few months after breaking away from the US firm.
1 min read · 05 January 2013
Using capital from both India and US growth funds, the firm has taken an undisclosed stake in the FTV Capital-backed analytics service provider.
2 min read · 05 January 2013
After expanding the company’s geographic presence in the greater Nordic region and beyond, Litorina has exited its stake in Swedish IT security group Coromatic to regional rival EQT partners for a 35% IRR.
2 min read · 05 January 2013
The pan-African private equity firm plans to capitalise on expectations that Nigeria will be among the world's 10 fastest growing economies between 2011 and 2015.
1 min read · 05 January 2013
Regulation 28 of South Africa's Pension Funds Act, which will be effective from 1 July, could result in a surge in assets under management in the private equity space.
1 min read · 05 January 2013
Commercial Intelligence, which focuses on buying distressed debt, recently held a first close on Global Distressed Alpha Fund III at $18m for investments in Asia, Africa, Middle East and Latin America.
2 min read · 05 January 2013
A reworking of the country’s domestic tax system could lead to a 30 percent tax on carried interest. Shefali Goradia, partner at Indian tax advisory firm BMR Advisors spoke to PEI about the risks facing foreign investors, local managers and Mauritius-domiciled funds.
3 min read · 05 January 2013
After months of speculation and market chatter, Carlyle has confirmed its recruitment of three African private equity specialists including StanChart’s former head of African private equity, Marlon Chigwende, and former Ethos partner Danie Jordaan.
2 min read · 05 January 2013
