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.
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.
Past private equity successes ‘will be dwarfed’ by future returns, as the MENA region adjusts to the global financial crisis, according to Arif Naqvi. The Abraaj Capital chief executive warned, however, that among key risks facing the region today is the possibility of the price of oil shooting back up to over $100 a barrel.
Past private equity successes ‘will be dwarfed’ by future returns, as the MENA region adjusts to the global financial crisis, according to Arif Naqvi. The Abraaj Capital chief executive warned, however, that among key risks facing the region today is the possibility of the price of oil shooting back up to over $100 a barrel.
Past private equity successes ‘will be dwarfed’ by future returns, as the MENA region adjusts to the global financial crisis, according to Arif Naqvi. The Abraaj Capital chief executive warned, however, that among key risks facing the region today is the possibility of the price of oil shooting back up to over $100 a barrel.
The global buyout fund has closed its first MENA-focused fund with half of the commitments it had originally targeted. Among other sectors, the fund will invest in energy and infrastructure.
The global buyout fund has closed its first MENA-focused fund with half of the commitments it had originally targeted. Among other sectors, the fund will invest in energy and infrastructure.
The global buyout fund has closed its first MENA-focused fund with half of the commitments it had originally targeted. Among other sectors, the fund will invest in energy and infrastructure.
Following in the footsteps of American Capital and KKR, 3i will de-list its quoted private equity fund. The exercise values the vehicle at £355m, 33% above last week’s closing share price.
Réal Desrochers has ended his 11-year reign as the director of alternative investments at the US' second largest public pension, leaving veteran portfolio managers Margot Wirth and Seth Hall as interim co-directors. Desrochers did not disclose future professional plans in a farewell email sent to friends and colleagues.
The German government is reportedly taking legislative action which could force a consortium led by US firm JC Flowers to sell its 24 percent stake in stricken Germany-based commercial real estate lender, Hypo Real Estate.
The Canadian Pension Plan fell in value by C$13.8 billion to C$108.9 billion in 2008 as investment returns shrank. However according to the plan’s latest figures, its inflation-linked assets continued to grow in value.
The Canadian Pension Plan fell in value by C$13.8 billion to C$108.9 billion in 2008 as investment returns shrank. However according to the plan’s latest figures, its inflation-linked assets continued to grow in value.
The Cairo-based private equity firm is raising $500m for its first institutional fund.
Unpredictable capital flows and managers often relying on minority stakes are two reasons why the banking giant’s private equity group will only increase exposure to emerging markets private equity at ‘a measured pace’.