Topics: Private Equity

Abraaj Group’s $1.4bn Funds Shows Strength in African Private Equity

Abraaj Group’s $1.4bn Funds Shows Strength in ...

  Abraaj Group announced big news at the start of the week, as it closed its latest private equity fund. The North Africa focused fund managed to raise $375 million in investments. Together with its previous sub-Saharan focused fund, closed in April, Abraaj Group is set to invest nearly $1.4 billion more in the continent.   The Newest Fund   [...]

MENA Private Equity Association: State of Middle East’s PE Industry

MENA Private Equity Association: State of Middle ...

  The non-profit organisation MENA Private Equity Association has published its latest report in the private equity and venture capital industry of the Middle East and North Africa. The ninth report found that private equity in the region continues to interest investors and deal volumes in the region are growing.   The Findings   The report found that the region [...]

TPG Making Its First Foray into Africa with $1 Billion Investment

TPG Making Its First Foray into Africa with $1 ...

  One of the world’s largest private equity firms is venturing into the African markets for the first time. TPG announced its plans to invest up to $1 billion in Africa. The investment will be a tie-up venture with a Sudanese billionaire Mo Ibrahim and his private equity firm, Satya Capital.   The New Adventure   The investment will be [...]

Experts: Private Equity Has More Growth Potential in the Middle East 

Experts: Private Equity Has More Growth Potential in...

Experts believe appetite for private equity remains strong in the Middle East and North Africa and believe the private equity industry in the region is ripe for further growth. But analysts also told in the recent debate that the region’s private equity industry still has some room for improvement in terms of financial reporting and transparency.   The ICAEW Debate [...]

Another Africa-Focused Private Equity Fund Closes Above Target

Another Africa-Focused Private Equity Fund Closes ...

Private equity firm Development Partners International announced on Tuesday that it has closed its second Africa-focused fund. The fund was able to raise nearly 45% above its target, which is another testament to Africa’s continued ability to attract investors as the continent’s consumer class continues to expand.   The Latest Fundraising Effort The private equity firm is the latest example [...]

 Women Leading the Way for More Private Equity Investment in Africa

 Women Leading the Way for More Private Equity ...

The private equity sector in Africa is rapidly growing and some of the biggest private equity firms have turned their attention to the region. Predominantly the field is a male dominated one all over the world, yet change is slowly taking place and more women are getting involved.   Africa is one region where women are taking in important role [...]

Private Equity Firms Clearing Out Assets

Private Equity Firms Clearing Out Assets

The start of the year has been defined by a large number of private equity firms clearing out assets and finding ways to withdraw from investments. There have been unusually many of these buyout firm withdrawals – much more so than private equity firms acquiring new assets in terms of volume. But what is behind this deal activity and what [...]

How Currency Volatility Impacts Private Equity Firms

How Currency Volatility Impacts Private Equity Firms

The past few weeks have seen plenty of speculation that China might be about to devalue the yuan. Although private equity firms don’t typically need to worry about currency fluctuation and volatility, the prospect of devaluation could potentially cut of profit margins for many of the worlds PE funds. So how serious is the impact of currency volatility and what [...]

Helios Investment Partners Raises a Record-Breaking Africa Fund

Helios Investment Partners Raises a Record-Breaking ...

Helios Investment Partners announced on Monday that its third Africa-focused investment fund has raised $1 billion, marking the first time the region has attracted funds at that scale. The Helios Investors III broke the previous its previous record of fundraising in the region, showing once again that private equity is attracted to the region.   The Fund’s Aim The firm [...]

Kellogg is Challenging Abraaj Investment Management Over Bisco Misr

Kellogg is Challenging Abraaj Investment Management ...

The global business scene is used to heated competition and bidding wars over mergers and acquisitions is an everyday reality. One of the most heated competitions currently going on is the bidding war over Egyptian cake and biscuit maker Bisco Misr, with the US food giant Kellogg competing against the UAE-based private equity firm Abraaj Investment Management.   Abraaj Nearly [...]

Is Private Equity Interest In the Gulf Region Waning?

Is Private Equity Interest In the Gulf Region ...

The Gulf region has long been a growing market for private equity and financial advisers around the globe have flocked to the region. But a recent Insight Discovery report shows that the scene might be changing, as more financial advisers are planning to leave the region.   According to the report, only 57% of the advisers in the region feel [...]

Private Equity Firm TVM Plans to Invest $200m in Healthcare Companies

Private Equity Firm TVM Plans to Invest $200m in ...

Dubai-based private equity firm TVM Capital Healthcare Partners announced that it is going to continue investing in the region’s healthcare companies. The firm is planning to invest $200 million over the next four years. But as well as investing in the Middle East, the firm also aims to expand its investments across India.   Arabian Business reported on Sunday that [...]

The World’s Top Ten PE Hubs

The World’s Top Ten PE Hubs

Which cities have aggregated more than USD 100bn in private equity fund capital in the past decade? Which cities have the highest number of PE firms? Preqin has the answers. Number one is New York, both in terms of number of firms (685) and capital raised (USD 823bn). Out of the top ten, six North American cities have relatively high [...]

BRIC’s Losing Share as PE Investors Look Elsewhere

BRIC’s Losing Share as PE Investors Look Elsewhere

The popularity of the BRIC countries within the private equity (PE) marketplace in recent years has been well documented. Brazil, Russia, India and China have enjoyed well over a decade of having the status of one of the countries to invest in if you’re looking for high returns.   However, with each of these four countries facing its own individual [...]

Less Developed African Markets Delivering Better Private Equity Deals

Less Developed African Markets Delivering Better ...

Multinational services provider Ernst & Young (EY) have recently completed a piece of research for the African Private Equity and Venture Capital Association (AVCA), which indicates that the best private equity (PE) deals across Africa are to be found in the less developed markets.   The research, which is reported on by the Financial Times, looks closely at the performance [...]