Private Equity

Sub-Saharan Africa

Citadel keen to transform Kenya-Uganda railway

Ahmed Heikal, founder of the Cairo-based private equity firm, has issued bullish predictions about the improvements Citadel can make to the railway. A regulatory commission is deciding whether to give Citadel majority ownership of the line and a decision could come as early as next week.

2 min read · 05 January 2013

Citadel to invest $150m in Kenya-Uganda Railways

Citadel Capital has become a significant shareholder in Rift Valley Railways, which holds a concession to run a railway line between Kenya and Uganda.

2 min read · 05 January 2013

Tales from the fraudulent frontline

Timothy Mohr and Robert Weiner of BDO Consulting share cautionary tales of misdeeds and alarming facts unearthed just before deal closings.

8 min read · 05 January 2013

Kingdom Zephyr closes Fund II on $492m

Commitments to the Pan-African private equity firm, led by managing partner Kofi Bucknor, came just shy of its $500m target.

2 min read · 05 January 2013

Macquarie gets Green to go green

Bill Green, the co-founder of a clean technology investment practice at VantagePoint Venture Partners, will lead Macquarie Capital Funds’ push into renewable energy infrastructure in North America. Macquarie currently has only a small portion of its infrastructure assets under management devoted to renewables.

3 min read · 05 January 2013

StanChart seals $48m Nigerian deal

The captive private equity unit of Standard Chartered has taken a minority stake in industrial gas provider Seven Energy.

1 min read · 05 January 2013

OPEN & CLOSED

3 min read · 05 January 2013

Augentius opens in Luxembourg

The threat of the EU’s AIFM Directive has caused an uptick in fund managers’ interest in offshore domiciles in the last six to nine months, the fund administrator said.

2 min read · 05 January 2013

Luxembourg: Looking good

In terms of offshore fund domiciles, the Cayman Islands’ loss will be Luxembourg’s gain if the EU’s AIFM Directive passes as written.

2 min read · 05 January 2013

OPEN & CLOSED

<p> OPEN &amp; CLOSED 2009-06-01 Staff Writer &lt;strong&gt;OPEN &amp; CLOSED&lt;/strong&gt;&lt;br&gt; &lt;table&gt; &lt;tbody&gt; &lt;tr&gt; &lt;td&gt;FUNDS OPENED&lt;/td&gt; &lt;td&gt;&lt;br&gt; &lt;/td&gt; &lt;td&gt;&lt;br&gt; &lt</p>

2 min read · 05 January 2013

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