Emerging Capital Partners, the pan-African buyout firm led by Tom Gibian, which started the trend towards regional funds on the continent, looks set to hit the fundraising trail just months after closing its latest fund.
The US investment bank is continuing to strengthen its private equity team, now called Morgan Stanley Private Equity, as it raises a $6 billion debut fund just three years after spinning out its in-house PE group.
The cash infusion is the third private equity investment in the Mumbai-based developer Lodha Group.
South African merchant bank Brait has acquired domestic baker Premier Foods from the Foundation for African Business and Consumer Services for R1.5 bilion.
In a pre-close results statement published today, FTSE 100-listed 3i said its multi-strategy investment model will make it easier to deal with any fallout from the debt market turmoil.
Business services specialist Lyceum Capital has sold health and safety company National Britannia Group after two and a half years to asset manager Connaught. Jeremy Hand, managing partner, said there was considerable interest.
Swedish buyout firm Litorina Kapital, led by Harold Kaiser, has held the final close of its latest fund two times oversubscribed despite losing cornerstone investor Swedbank.
Trade buyer Towergate has bought IT company Open International from Montagu Private Equity, led by Chris Masterson, indicating trade sales are still viable as an exit route.
Dubai International Capital has completed its first direct private equity investment in the region through the acquisition of luxury company Rivoli Group.
The European mid-cap buyout firm has hired additional staff for its dedicated renewables team as well as promoting two staff.
US restructuring specialist WL Ross has reportedly offered $435 million for the loan servicing division of bankrupt lender American Home Mortgage.
The Helsinki-listed alternative asset manager has beefed up its management group and created new internal services and investor services units.
The UK retailer could become the second FTSE100 retailer to go private after Boots Alliance, but it says it won’t sell off its real estate assets.
The UK retailer could become the second FTSE100 retailer to go private after Boots Alliance. In a bid to appease its critics Delta Two has become the first fund to commit to the Walker Report's standards of transparency and disclosure.
The US alternative assets group has sold a further 7.5 percent stake in itself to a strategic investor, valuing David Rubenstein's firm at $20 billion. It sold 5.5 percent to CalPERS in 2000.