The recent recruitment of Morgan Stanley’s David Smoot to expand its private equity operations in North America accelerates Dubai International Capital’s plans to open up shop in New York City.
The joint venture between Dutch and Kenyan entrepreneurs and a Dutch development organisation is looking to generate a financial and social return in East Africa.
The Swiss group is opening an office in Germany, while AXA Private Equity is looking to grow its business with an office in Switzerland.
The US buyout firm's abandoned cash injection forced an overnight rescue by the lender's existing shareholders, who have been offered similar terms. The share price has fallen below the price of the rights issue.
The UK government’s emerging markets investment unit’s total committed investment in Africa reaches $2.6bn.
The private equity investor is set to join the slew of firms looking to profit from a growing global need for finance to meet infrastructure costs. Some estimates suggest as much as $360 billion will come from private sources.
The Texan mid-market firm has closed its first fund since its evolution from the buyout shop Hicks Muse Tate & Furst.
The European venture and growth capital firm behind some of the internet's biggest success stories is banking on high net worth individuals spending more money online on luxury goods.
Graham Packaging, owned by private equity firms Blackstone and Graham Group, has been selected as a takeover target after the Tom Hicks-run SPAC reviewed more than 100 potential deals and tapped into its founder’s relationships with buyout firms.
The fund exceeded its $200m target after six months in the market. It will focus on lower- and mid-market oil field services deals, a niche the firm’s managing partners say is overlooked by other private equity firms making energy plays.
Scott Nuttall, the head of KKR’s financial services group, will also oversee fundraising and broker-dealer activities, while Todd Fisher, co-founder of the firm’s London office, will fill a newly created role of chief administrative officer. Perry Golkin will narrow his investor relations activities.
London-based Ashmore Investment Management is aiming to raise a new, “significantly larger” fund for investment in emerging markets just ten months after it closed its last vehicle on $1.3bn.
Two separate reports by Ernst & Young and PricewaterhouseCoopers note that while cheap leverage has vanished and deal volume dropped, private equity’s outlook remains rosy.
A fund led by former Standard Life executives has signed a strategic relationship with USS, a relatively recent entrant to the asset class.
The bank’s private equity arm is the lead investor in an agreed equity purchase in Breitenfeld, a niche steel producer in the Austrian region of Styria.