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Category: Industry News

Dubai regulator upholds $135m fine for Abraaj founder Arif Naqvi for “serious failings” at collapsed firm

Dubai's financial regulator has upheld a $135.6m fine against former Abraaj Group founder and CEO Arif Naqvi for his "serious failings” in respect of the collapsed investment house. The post Dubai regulator upholds $135m fine

Rohaytn buys South African private equity major Ethos

One of Africa's biggest private equity firms is being bought by The Rohatyn Group to create a combined firm with almost $8bn of assets under management. The post Rohaytn buys South African private equity major

Wafra buys strategic minority ownership in fellow buyout house Thompson Street

Private equity investor Wafra has acquired a strategic minority ownership in fellow buyout house Thompson Street. The post Wafra buys strategic minority ownership in fellow buyout house Thompson Street first appeared on AltAssets Private Equity

Asia-Pacific PE, VC, M&A jumps despite China deal activity slide

Asia Pacific private equity, venture capital, and M&A activity jumped almost 10% in the first half of 2022 compared to the same period last year - although deal activity in the region remains choppy. The

GPs believe consumer discretionary sector has highest potential for PE deals, support for IT drops 10%

The consumer discretionary sector has become the most favoured sector in private equity investing while IT has lost its grip among managers, new research shows. The post GPs believe consumer discretionary sector has highest potential

Monument Group partner Bart Molloy: “2022 – a promising but volatile year ahead”

Private equity fundraising rebounded to record levels last year with the industry hauling in a mammoth $940bn, despite fears over the appetite of LPs to commit to more risk-on assets like alternatives amid the fallout

Oaktree Capital to buy into fellow PE house 17Capital

Private equity house Oaktree Capital is buying into fellow PE house 17Capital. The post Oaktree Capital to buy into fellow PE house 17Capital first appeared on AltAssets Private Equity News.

Institutional investment trio team up to boost investment to women, minority-led PE and VC firms

A trio of institutional investors have teamed up to boost commitments to women and minority-led private equity and venture capital firms. The post Institutional investment trio team up to boost investment to women, minority-led PE

Omicron variant spread sees Asia-Pacific deal activity slump

Asia-Pacific dealmaking across private equity, venture capital and M&A nosedived in January as the Omicron variant of Covid-19 surged through the region. The post Omicron variant spread sees Asia-Pacific deal activity slump first appeared on

Ex-head of collapsed PE house Abraaj, Arif Naqvi, fined almost $136m by Dubai regulator

Arif Naqvi, the former head of collapsed private equity house Abraaj, has been hit with a $136m fine by the Dubai financial regulator over his "serious failings" at the firm. The post Ex-head of collapsed

CVC said to eye $20bn valuation through London IPO

UK-headquartered private equity giant CVC Capital is reportedly eyeing a $20bn valuation through a potential IPO. The post CVC said to eye $20bn valuation through London IPO first appeared on AltAssets Private Equity News.

Placement agent Capstone Partners bought by Mizuho Americas

Mid-market placement agent Capstone Partners is set to be bought by financial services business Mizuho Americas, with a deal slated for the first half of this year. The post Placement agent Capstone Partners bought by

MVision veteran McHale, colleagues move to Oppenheimer as firm launches placement agent unit

Investment banking major Oppenheimer & Co has brought in a team of MVision execs to launch its new placement agent and advisory business targeting alternative assets fundraises. The post MVision veteran McHale, colleagues move to Oppenheimer

US could lose 4.9m jobs in five years if carried interest tax hike goes ahead, lobby group US Chamber of Commerce claims

The US Chamber of Commerce has come out swinging against government plans to potentially almost double the carried interest tax rate, which would hit private equity and other alternative assets firms. The post US could

Moonfare, looking to open private equity to wealthy individuals, passes €1bn in AUM

Moonfare, a private equity platform which aims to get affluent individuals into big-name funds, has soared to €1bn of assets under management - doubling its total in the last eight months. The post Moonfare, looking

Germany’s DBAG expands to Italy, will spend up to 25% of latest fund in country

German private equity investor Deutsche Beteiligungs has expanded to Italy through the opening of a Milan office. The post Germany’s DBAG expands to Italy, will spend up to 25% of latest fund in country first

Patria and Moneda merger creates $25.9bn Latin American alternative investment giant

Blackstone-backed Brazilian alternatives investor Patria Investments has agreed a merger with Moneda Asset Management to create a $25.9bn Latin American private equity, infrastructure and credit asset manager. The post Patria and Moneda merger creates $25.9bn

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