staging
The mid-market continues to provide investment and realisation opportunities for the global firm. Philip Yea, its chief executive stressed the importance of remaining selective.
Prince Alwaleed Bin Talal Bin Abdulaziz Alsaudโ€™s investment company is the cornerstone investor in Kingdomโ€™s second pan-African fund, which is targeting $500m. The firm is looking to back businesses operating in more than one country.
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 governmentโ€™s emerging markets investment unitโ€™s total committed investment in Africa reaches $2.6bn.
The Texan mid-market firm has closed its first fund since its evolution from the buyout shop Hicks Muse Tate & Furst.
The UKโ€™s Railpen, Denmarkโ€™s PFA pension, and The Indiana Public Employees Retirement Fund were among the limited partners that committed to the fund of funds.
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 firmโ€™s managing partners say is overlooked by other private equity firms making energy plays.
London-based Ashmore Investment Management is aiming to raise a new, โ€œsignificantly largerโ€ fund for investment in emerging markets just ten months after it closed its last vehicle on $1.3bn.
The bankโ€™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.
Investors have flocked to Waterland's focussed offering of a regional buy-and-build strategy, which has served them well over the last nine years.
Jeremy Coller says the slowdown in distributions is forcing investors to focus, and most of them are worried by any strategic drift in GPsโ€™ hunt for deals.
The private equity firmโ€™s latest global buyout fund, targeting an estimated $20bn, now reportedly counts Chinaโ€™s State Administration of Foreign Exchange as a substantial investor.
Tuninvest, the Tunis-based private equity firm, has closed its second fund focused on the Maghreb region on โ‚ฌ125m.
The chairman of socially-minded investment firm Bridges Ventures yesterday won PEI Mediaโ€™s inaugural Private Equity Leader Award 2008 for his work building Apax Partners and leading the drive behind social entrepreneurship.
The French insurance giantโ€™s private equity arm has more than tripled its previous buyout fund and increased its geographic scope to include Italy.
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