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India offers some clarification on GAAR

Private equity firms in India that bought assets before 2010 will not be taxed retroactively under GAAR, although further interpretation is now needed on some new terms.

Ethos promotes MacKenzie to CEO

Stuart MacKenzie (pictured), who joined Ethos 15 years ago, will replace founding partner and CEO André Roux at the end of 2013.

Jacana teams with Soros to back cargo handler

The investment in DSM Corridor Group is the pan-African PE firm's first in Tanzania.

One Thousand & One Voices opens in South Africa

The newly-formed group, which helps wealthy families make impact investments, has assembled an experienced team for its first African office.

South African private equity funds roar back

Funds under management in South Africa jumped 10.4 percent in 2012 – more than twice as much as in the previous four years combined.

Proton Equity Partners abandons fundraising

The CapMan spin-out hoped to raise SEK 2bn for its debut buyout fund to target investments in Sweden, but has pulled its fundraising after failing to get traction in the market.

LeapFrog collects $204m for Fund II

The firm’s second fund has a $400m target and will have a wider financial services focus than its $135m debut vehicle.

Actis in $169m LatAm renewables deal

Since July, the firm has invested a combined $460m in renewable energy businesses in Chile and Brazil.

CDC hires ex-Permira exec as chairman

Graham Wrigley, whose previous board chairmanships include emerging markets firm Aureos, joins the UK institution as it continues its shift towards direct investing.

Five Minutes with Mark Mobius

Amid slower growth and toughening competition in a number of emerging markets, Mark Mobius, executive chairman of Templeton Emerging Market Group, explains why developing economies continue to offer a wealth of opportunities for private equity.

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