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Category: MENA

eWTP Arabia Capital seeks $1bn for new tech-focused fund

eWTP Arabia Capital, a venture capital fund backed by Saudi Arabia’s Public Investment Fund and China’s Alibaba Group, is allegedly near to raising $1bn for its new fund. The post eWTP Arabia Capital seeks $1bn

Ex-KKR, Neuberger Berman MENA head joins Patient Square Capital as newest partner

Patient Square Capital has named former KKR and Neuberger Berman MENA head Kaveh Samie as its latest partner. The post Ex-KKR, Neuberger Berman MENA head joins Patient Square Capital as newest partner first appeared on

Dubai-based Morphosis raises $100m for India-focused deep-tech, B2B, software fund

Dubai-based early-stage investment house Morphosis Venture Capital has raised $100m for an India-focused fund. The post Dubai-based Morphosis raises $100m for India-focused deep-tech, B2B, software fund first appeared on AltAssets Private Equity News.

Gulf Capital scores over 15% IRR selling North African olive oil producer CHO Group

Gulf Capital has scored a better than 15% IRR selling North African olive oil exporter CHO Group. During its almost four-year ownership Gulf saw CHO grow its revenues by about 33% and double the number

Actis buys 50% stake in $1bn-Emirates District Cooling, eyeing growing demand in the region

Global sustainable infrastructure investment major Actis has bought a 50% stake in $1bn-Emirates District Cooling Company, making it one of the largest transactions in the district cooling industry in the MENA region. The post Actis buys

Canada’s iGan Partners to tap booming MENA medtech sector with $250m fund

Canadian healthtech investor iGan Partners has teamed with Dubai-based entrepreneur Faisal Belhoul to launch a $250m fund targeting medtech deals across the MENA region. The post Canada’s iGan Partners to tap booming MENA medtech sector

Africa-focused Adenia makes first Moroccan investment with Overseas Catering Services deal

Africa-focused private equity firm Adenia Partners has teamed with Proparco to buy corporate catering and services provider Overseas Catering Services. The post Africa-focused Adenia makes first Moroccan investment with Overseas Catering Services deal first appeared

Saudi Arabia’s $400bn sovereign wealth fund anchors new NBK Capital credit fund to first close

Saudi Arabia's $400bn Public Investment Fund has anchored the latest fundraise from Middle East private equity house NBK Capital Partners.

Lorax Capital Partners pulls in $142m for its sophomore fund

Lorax Capital Partners has pulled in $142m for its sophomore fund and has named Apex Group to supply administration and corporate services.

Ex-Google exec, investment veteran team up to launch MENA-focused VC house Plus Venture Capital

A former Google executive and investment veteran have teamed up to launch a new venture capital fund targeting early-stage tech startups in the Middle East and North Africa region and its diaspora.

Paymob secures VC funding to help bolster financial inclusion in Egypt

Egyptian digital payments company Paymob has secured $3.5m in its funding round, which was led by Global Ventures and Dutch Entrepreneurial Development Bank FMO.

CPPIB, General Atlantic heavyweights revealed as latest board members at emerging markets PE body EMPEA

Emerging markets private equity industry association EMPEA has named General Atlantic CEO Bill Ford and CPPIB head of Asia Pacific Suyi Kim to its board of directors.

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