Paladin Capital Group, a US firm, and Abu Dhabi's Invest Ad, plan to launch a $100-million private equity fund to invest in companies in fast-growing economies in the Middle East, North Africa and Turkey, the two companies said on Monday. &n
Private equity fund Apollo Global Management will invest $500 million in Indian steel pipe manufacturer Welspun group, marking the second biggest PE investment in India this year as firms take advantage of the rapid growth in Asia's third larg
Bahrain-based Islamic investment house Tharawat plans to launch in the third quarter a $50-$60 million private equity fund investing in a Saudi Arabia real estate project, its director said.
A strategic investor has pledged $30 million to
Kenana Sugar Company, a leading Sudanese sugar company, has signed an agreement with Egypt's Beltone Financials to set up a $1 billion private equity fund management company for agriculture projects.
The joint venture will be the first
French bank BNP Paribas may raise up to $300 million for a private equity fund active in the Gulf Arab region to tap opportunities arising from the financial crisis.
BNP is looking to raise $150 million in the first phase by mid-October an
Saffar, a regional financial services firm, is eyeing a key role in the private equity arena in the Mena region with the appointment of former chief investment manager for Direct Investments of the Kuwait Investment Authority, Dr Adnan Ali Sultan
Bahrain-based Investcorp has raised $620 million for its first private equity fund for investors outside the Gulf region, the investment bank said.
Investcorp specialises in raising cash in the world's top oil exporting region for in