Abraaj Capital
NIIF, DP World acquire India's PE-backed Continental
India’s National Investment & Infrastructure Fund has acquired a controlling stake in PE-backed logistics player Continental Warehousing Corporation (CWCNSL) in a joint deal with Dubai-based port operator DP World.
Abraaj founder steps back as part of governance review
Arif Naqvi, founder of The Abraaj Group, has stepped back from the fund management business as part of changes to the firm’s governance and operating model. This comes after LPs expressed concerns that a healthcare fund had been misused.
Pakistan PE: Maturing morale
Private equity and venture capital investment activity in Pakistan remains sparse, but early movers are beginning to cut deals with a new sense of confidence as geopolitical and economic issues simmer down
Southeast Asia education: Top of the class?
With an emerging middle class willing to pay a premium for better services, Southeast Asian education has clear attractions. But investors seeking scale opportunities must pick their markets and strategies carefully.
Former ADB executive named EMPEA CEO
The Emerging Markets Private Equity Association (EMPEA) has named Robert W. van Zwieten as its president and CEO, following the departure of founding president Sarah Alexander earlier this year. His appointment is effective immediately.
Healthy holidays: PE and medical tourism
Asia’s medical tourism sector is growing rapidly as visitors flock east for cheap surgical procedures. How big is the opportunity for private equity and where can it be found?
MVision opens Australia office
Placement agent MVision has opened a new office in Sydney, Australia. The move will allow MVision, which currently has a number of investment manager clients in Australia, to expand its reach into the Asia Pacific private equity market.
Sequoia invests $9.3m in Indian eye hospitals
Sequoia Capital has invested INR500 million ($9.3 million) in ASG Eye Hospitals, a Rajastan-based group of specialty eye hospitals. The funding will be used by the company to support expansion into central and northern India.
Buyout firms progress in Indonesia healthcare auction - report
The Blackstone Group, Bain Capital, KKR and Abraaj Capital are said to have made it through to the second round of the auction process for a 20% stake in Siloam, Indonesia’s biggest private hospital firm. The deal is expected to be worth up to $300...
Aureos boosts NEP with $5m
Aureos South-East Asia Managers has injected $5 million in Malaysian water filtration company NEP to help expand its water filter rental scheme to China and throughout the ASEAN region.
Malaysia's Khazanah in running for Turkish hospital owner
Malaysian sovereign wealth fund Khazanah Nasional is reportedly negotiating for a stake in Acibadem, the Turkish hospital group 92%-owned by Almond Holding AS. Almond is a joint venture between Abraaj Capital and Turkey’s Aydinlar family.
Fortis ends bid for Turkish hospital owner Acibadem
Indian hospital operator Fortis Healthcare International has reportedly ended negotiations to purchase Acibadem, a Turkish hospital 92%-owned by Almond Holding AS. Almond is a joint venture between Abraaj Capital and Turkey’s Aydinlar family.