MENA
Religare Capital names Anwar Head of Middle East
Religare Capital, a subsidy of Indian financial services group Religare Enterprises, has named Shehzad Anwar as the head of its Middle East business, charged with bolstering its regional practice.
ADIA, CIC, GIC, OTPP invest BTG Pactual
Brazilian investment bank BTG Pactual has received $1.8 billion from an investment consortium led by the Abu Dhabi Investment Council, the China Investment Corporation, the Government of Singapore Investment Corporation, Canadian pension fund Ontario...
GIP, QIC, ADIA pick up $2.3 billion Brisbane port franchise
Q Port Holdings, a consortium comprising US infrastructure firm Global Infrastructure Partners, Australia's Industry Funds Management, funds managed by the Queensland Investment Corporation (QIC), and Tawreed Investments Ltd., a wholly-owned subsidiary...
Abraaj Capital launches independent MENASA hedge fund
Middle Eastern PE major Abraaj Capital has launched an independent hedge fund business focused on public securities across the Middle East, North Africa and South Asia (MENASA).
Infinity and US venture firm Burrill partner for China investments
Infinity Group, the Israeli-headquartered China-focused investor, has announced a strategic partnership with Burrill & Company, a leading life sciences venture capital/private equity firm.
Lightspeed leads Asian, Western VCs investing $25 million in SolarEdge in Israel
Lightspeed Venture Partners, Silicon Valley VC firm, has led an investor group in committing $25 million to SolarEdge Technologies, an Israel-based provider of distributed solar power harvesting and monitoring solutions, alongside existing backers, including...
Gulf hospitality still lures private equity as Colony eyes MENA
Colony Capital chairman and chief executive Thomas J Barrack has said that his firm will look for investments in the hospitality and consumer sectors throughout the Gulf over the next five years.
HarbourVest invests $300 milllion in five Arcapita companies
HarbourVest Partners has bought minority stakes in five of Bahraini investment bank Arcapita Inc.’s non-MENA portfolio companies for $300 million, and further inked a follow-on capital commitment to aid the companies’ future growth.
Bahrain's Al Baraka may seek Malaysian, Indonesian banks
Bahrain's foremost publicly traded Islamic bank, Al Baraka Banking Group, may be seeking to spend up to $200 million on buying banks in Malaysia and Indonesia, according to the bank's CEO.
Achuthan forms Achuthan & Co. for India, Southeast Asia investment
Hari Achuthan, previously a director with the private equity group at Credit Suisse Asset Management, is forming a private equity firm, Achuthan & Co., to invest in India and Southeast Asia.
Ashok Aram departs Abraaj Capital, returns to Deutsche Bank
Middle Eastern PE major Abraaj Capital’s MD Ashok Aram has resigned from the firm to join Deutsche Bank as its CEO for its Middle East and North Africa business.
Israel's Infinity establishes IP bank in China
Infinity Group, the Israel-based private equity firm with a special focus on China, announced the formation of an IP (intellectual property) bank in China, to help to develop clients’ IP businesses.
SBI and Abu Dhabi to form Africa-focused fund
SBI Holdings Inc., a Japanese financial conglomerate with private equity and venture capital arms, and Invest AD, a subsidiary of the Abu Dhabi Investment Council, announced the formation of a new Africa-focused fund management company, with target regions...
CVCI sells stake in Emaar MGF to company's promoters
Citi Venture Capital International (CVCI) has exited its 1% investment in Emaar MGF Land Ltd, the Indian branch of Dubai realtor Emaar Properties PJSC, for a reported $60 million – up from the $50.98 million it paid in 2006.
Israel's Giza solar investee Danen lists in Taiwan
Giza Venture Partners, an Israeli venture capital firm, has seen its portfolio company Danen Technology, a Taiwanese solar wafer manufacturer, debut on the Taiwan Stock Exchange with a market cap of around $350 million.
Evolvence launches second India f-o-f
Evolvence Capital, the Dubai-headquartered MENA and India investment group, is launching its second fund of funds and third India fund, the Evolvence India Fund II, targeting $400 million.
Istithmar exits SpiceJet for $25.3 million
Dubai-headquartered investment firm Istithmar has made its expected exit from Indian budget carrier SpiceJet, obtaining $25.3 million from a number of institutional investors for its 6.9% stake in the business.
Reliance/GTL deal may involve Saudi Telecom, ADIA, PE players
The $11 billion merger of Reliance Infratel, the cellular transmission tower arm of India's Reliance Anil Dhirubhai Ambani Group, into Indian independent telecoms player GTL Infrastructure may include investment by Saudi Telecom Co., the Abu Dhabi Investment...
BMB Group acquires Contrarian for real estate
Asian investment and advisory firm the BMB Group,has acquired Paris-based Contrarian Capital Partners SA and its advisory subsidiary, Beacon Hospitality Partners S.A.R.L in Luxembourg, both of them specializing in real estate advisory services for Middle...
KKR's Mid East MD head said joining Barclays
Makram Azar, a Kohlberg Kravis Roberts & Co. MD heading the firm’s Middle East and North Africa operations, has reportedly been poached by Barclays Capital to be its head of investment banking for the region.
MENA SWFs eyes Agricultural Bank of China IPO
The Kuwait Investment Authority has emerged as one of the SWFs interested to invest in the IPO of the Agricultural Bank of China (ABC) in Shanghai and Hong Kong this year, with plans to invest some $1 billion in what would be the year's largest listing,...
Partners Group Dubai office targets MENA, India
Swiss alternative asset manager Partners Group has announced the opening of a new office in Dubai, seeking to tap both the MENA region and India.
HK's Quam teams with Abu Dhabi in new fund
Abu Dhabi’s state-owned Invest AD, formally known as Abu Dhabi Investment Company, and Hong Kong-based financial group Quam Ltd. are seeking $50 million for a joint fund named The Quam Middle East fund.
HarbourVest buys up Saudi stake in funds
According to reports, HarbourVest Partners has purchased Saudi conglomerate Saad Group’s stake in up to 30 private equity funds.