Dubai International Capital has completed its first direct private equity investment in the region through the acquisition of luxury company Rivoli Group.
Having recently reported an increase in value and growth in the region, the firm’s private equity real estate arm will launch an East Africa-dedicated fund, its fifth fund in the last two and a half years.
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.
Blackstone has boosted its capability to join in the technology buyout trend with the appointment of an 30-year industry veteran to source and evaluate deals.
The mid-market firm is backing the expansion of one of the world's biggest talc mining groups, which already owns the single largest talc production plant.
Carlyle has hired international trade and policy expert David Marchick to provide in-house government affairs, regulatory and strategic advice to its fund managers.
US investment bank Lehman Brothers has closed its fifth venture fund on $365 million.
Ezra Field has joined Atlanta’s Roark Capital as a managing director, ending a six year-stint with New York’s ACI Capital.
Darwin Private Equity has held a second close of its debut fund just three months after launching with the backing of City grandee Lord Jacob Rothschild and his RIT Capital Partners trust.
French mid-market firm Edmond de Rothschild Capital Partners has made several internal promotions after making three exits so far.