Markets: Middle East

Private Equity Struggling to Raise Funds in the Middle East

Private Equity Struggling to Raise Funds in the ...

Private equity and venture capital funds are not performing strongly in the Middle East, according to the latest reporting. MENA Private Equity Association published its annual report, which shows a 41% drop in private equity and venture capital funds last year. In terms of the region’s winner, UAE attracted the most interest from private equity funds.   The report’s findings [...]

Hunting Green Unicorns and Other Ways to Make Capital Deliver Super Returns

Hunting Green Unicorns and Other Ways to Make ...

A new breed of investor is pursuing a "triple bottom line" strategy, including in their due diligence an analysis of the social, environmental and governance  risks and impacts of investments. As result, there are new opportunities for investing in transportation networks, alternative energy infrastructure, textiles and even farmlands. The motivation is to make money on the deals but also to [...]

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 [...]

Blockbuster Deals Make Cross-Border M&A Pop

Blockbuster Deals Make Cross-Border M&A Pop

US firms are investing huge sums in acquiring European companies through M&A. Volume climbed to USD 116 bn via 410 deals so far this year, nearly triple the USD 38.9 bn announced via 393 deals in the same period last year, according to dealogic. It is the highest YTD on record. Eighteen large-sized transactions (greater than USD 1 bn) caused [...]

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 [...]

Israeli Private Equity Firm Viola Raises $250 Million

Israeli Private Equity Firm Viola Raises $250 ...

Private equity company, Viola Private Equity, announced on Wednesday that it has reached its targets with the latest investment fund.  The Israeli firm has been able to raise $250 million with the fund and the firm said there is possibility the fund will remain open for the time being. The firm will use the fund to invest in technology companies, [...]

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 [...]

Private Equity Firm Gulf Capital Aiming for 4-6 Acquisitions

Private Equity Firm Gulf Capital Aiming for 4-6 ...

Middle Eastern private equity firms are going through an exciting period, as more doors are opening up to them around the world. During the weekend, Gulf Capital announced that it is looking to continue its investments by finding four to six acquisitions this year. This despite the slow down of economic growth in the region created due to the declining [...]

ClickTale Raises $35 Million With the Help of Private Equity Firm KKR

ClickTale Raises $35 Million With the Help of ...

Israeli company, ClickTale, has announced it has raised $35 million in its most recent funding round. The company, which provides software to allow website owners see what people do on their site, managed to raise most of the funds with the help of the private equity firm KKR.   ClickTale Looking for Global Growth The aim of the fund is [...]

An Old Israeli Start-Up Raises $50 Million in Growth Funding

An Old Israeli Start-Up Raises $50 Million in Growth...

Israel has long been producing interesting start-up companies and another proof for its success story came on Tuesday evening. According to reports, an old Israeli start-up company had successfully raised $50 million in growth funding and the funds could help create a new giant in the global payments system industry.   BlueSnap, which started out in Israel as Plimus, announced [...]

Gulf Capital Raises $750 Million with its Buyout Fund

Gulf Capital Raises $750 Million with its Buyout ...

The Abu Dhabi-based alternative asset management firm, Gulf Capital, announced it has closed its third private equity fund. It was able to raise $750 million, which is a lot more than the company was aiming for earlier this year. It is now looking to invest the fund in a variety of companies.   Gulf Capital launched the fund, GC Equity [...]

Israel Shows Strong Private Equity Performance in First Sector

Israel Shows Strong Private Equity Performance in ...

Private equity in Israel bounced back from a less stellar than expected 2013 with a strong first quarter 2014 performance. Jewish and Israeli news source The Algemeiner reported that total investment in the country across the first quarter totalled $349million, representing a massive 141% year on year increase against 2013’s $145million worth of investments. The total sum invested was an [...]

Private Equity Boosts Global Shipping Industry, But is it a Wise Move?

Private Equity Boosts Global Shipping Industry, But ...

The Gulf Times website reported over this past weekend that the global private equity (PE) marketplace has boosted the shipping industry to the tune of $32billion in recent times, based on an estimate provided by Tufton Oceanic.   While most industries would welcome such a huge cash injection from any source, the spending of this money is starting to raise [...]

Buoyant: MENA M&A Gains Momentum

Buoyant: MENA M&A Gains Momentum

First quarter M&A dealmaking in the Middle East (excl. Israel) was up to USD 2 billion, double the Q4 2013 value of USD 1bn, according to mergermarket data. The region is definitely trending upward after hitting a low in 2011. The report said that a mere five transactions up 85.3% of the total M&A value in the region during Q1 [...]