Private Equity
Oivind Lorentzen and Jan Naess, who control investment manager and ship agency Northern Navigation, have closed the company’s debut shipping fund. Northern previously invested in six private equity shipping funds totaling $350m through a joint venture with a German bank.
2 min read · 05 January 2013
Catalyst Investors and RIT Capital Partners have exited their 19 percent stake in the UK online security group following its sale to Symantec.
1 min read · 05 January 2013
BTS Investment Advisors is reportedly looking to raise two private equity funds that will take its India-focused private equity assets under management from $100m to $500m.
1 min read · 05 January 2013
The Middle East investment firm, which has more than doubled its staff in the past year, has made three appointments including the hire of former Bain executive Alykhan Nathoo as head of its emerging markets division.
2 min read · 05 January 2013
The UK-based firm will invest £4 million in CloserStill Holdings and an additional £3 million to be used for the acquisition of businesses that run exhibitions.
1 min read · 05 January 2013
The charitable foundation of Jeremy Coller, founder of UK secondaries firm Coller Capital, has made a ‘multi-million pound’ commitment to help create a private equity education and research institute at London Business School.
2 min read · 05 January 2013
Led by former Abraaj managing director and co-founder Shirish Saraf, the growing MENASA-focused firm expects to close its debut special situations fund targeting $350m this month.
2 min read · 05 January 2013
The Africa-focused firm has purchased $28m in common shares and convertible notes of West African lender Financial BC.
1 min read · 05 January 2013
The Irish private investment firm has brought on two former JPMorgan investment bankers as managing directors to grow its private equity investment portfolio and assets under management.
1 min read · 05 January 2013
Over two years in the making, the 700-mile natural gas pipeline represents the largest project the New York-based infrastructure investor has ever been involved in and marks a significant economic development project for the Latin American country of 30 million.
3 min read · 05 January 2013