Private Equity
The Africa-focused firm has acquired 25% of an insurance and banking group in the Cote d’Ivoire in a deal worth just under $50m. ECP is currently raising its third pan-African fund with a target of $1bn.
2 min read · 05 January 2013
Marlow Capital is currently raising finance on a deal by deal basis. Its first buyout – that of South African waste management business Wasteman – is thought to be worth in the region of $50m.
2 min read · 05 January 2013
The UK government-backed fund of funds has invested in Advanced Finance Investment Group’s maiden fund, which will hold a second close this year on its way to $150m.
2 min read · 05 January 2013
Lehman’s former merchant banking unit will be owned by management in a joint venture with South African billionaire Johann Rupert.
2 min read · 05 January 2013
A $20m investment in South African company Buildworks will benefit from the ongoing development of Africa’s electrical power infrastructure. The company could expand into the Middle East, according to Kingdom Zephyr partner Panos Voutyritsas.
2 min read · 05 January 2013
The Africa-focused private equity firm has made two investments from Pan African Investment Partners II, including a co-investment with Emerging Capital Partners in tinned tuna-producer Thunnus Overseas Group.
1 min read · 05 January 2013
Meb Somani and Peter Ruxton have left the emerging markets firm as it realigns its strategy to focus less on oil, gas and mining and more on consumer, financial services and industrials.
2 min read · 05 January 2013
The UK government-backed fund of funds has invested in two new vehicles: India Financial Inclusion Fund and Catalyst Microfinance Investors.
1 min read · 05 January 2013
The pioneering microinsurance fund has garnered $50m from the likes of the European Investment Bank and Dutch development finance company FMO. The fund will invest in developing countries in Africa and Asia.
2 min read · 05 January 2013
The vehicle, Mid-Atlantic Capital Fund, is the first real estate opportunity fund for the Frederick, Maryland-based real estate company.
1 min read · 05 January 2013
