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.
The Cairo-based private equity firm is raising $500m for its first institutional fund.
As the industry steels itself against a potential regulatory backlash in Europe, certain members of the European Parliament, including Poul Nyrup Rasmussen, have railed against the pro-private equity stance of the internal markets commissioner.
The Paris-headquartered private equity firm has opened two new locations this year on the heels of closing its €1.6bn Fund IV. The Vienna-based team mainly look for corporate takeover opportunities, but will also source growth capital, mezzanine, infrastructure and co-investment deals.
Investcorp has become the latest firm to take cost-cutting measures as it plans to lose 90 staff. Earlier this week the firm invested in UK debt management company TDX Group.
The emerging markets-focused firm has already invested 12% of the fund, which will limit its use of leverage to deals in South Africa and Southeast Asia.
The second-largest pension fund in the UK is increasing its headcount as it seeks to grow its alternative asset allocation to private equity and infrastructure.
After a promising start to its latest fundraising, tough market conditions have forced the Paris- and London-based firm to lengthen the fundraising period for its €250m renewables fund.
A changing economic landscape means private equity portfolios must be examined through a new lens, writes Steve Moseley.