1. Home
  2. Africa

Category: Economy

Ara Partners names new managing director

Ara Partners, a private equity firm focused on industrial decarbonisation investments, has named Peter Saldarriaga as its new managing director. The post Ara Partners names new managing director first appeared on AltAssets Private Equity News.

Two-thirds of GPs confident in their current strategies

Despite market downturns, 68% of GPs will not further diversify their portfolios in 2023, according to a new study. The post Two-thirds of GPs confident in their current strategies first appeared on AltAssets Private Equity

‘The World’s Largest Construction Site’: The Race Is On to Rebuild Ukraine

As the country’s leaders lay postwar plans, companies from around the world are jockeying for advantage in what could be a multibillion-dollar effort, although one loaded with risk.

Gyrus reaps 8.6x money from partial dss+ exit to Inflexion

Inflexion is set to acquire a majority stake in dss+, a Switzerland-headquartered management consultancy, with sponsor Gyrus Capital and management retaining a significant minority stake.

Ocean 14 Capital plans June final close for debut 'blue economy' fund

Impact growth investor Ocean 14 Capital is anticipating a final close for its debut EUR 150m fund in June 2023 following the addition of IKEA-backed Ingka Investments to its LP base, founding partner Chris Gorell

The European Investment Bank launches €3.75bn fund of funds

The European Investment Bank (EIB) and five EU member states have launched a €3.75bn fund of funds to support VCs backing European scaleups. The post The European Investment Bank launches €3.75bn fund of funds first

LACERS deploys $40m into NorthBridge Partners real estate fund

Los Angeles City Employees’ Retirement System (LACERS) has reportedly deployed $40m into NorthBridge Partners’ fourth US logistics real estate fund. The post LACERS deploys $40m into NorthBridge Partners real estate fund first appeared on AltAssets

Bain Capital closes second tech opportunities fund on $2.4bn

Private equity veteran Bain Capital has reportedly closed its second Tech Opportunities fund on $2.4bn, nearly double the size of its predecessor. The post Bain Capital closes second tech opportunities fund on $2.4bn first appeared

Summit Partners hits €1.4bn hard cap in quick fundraise for Europe Fund IV

Global alternative investment firm Summit Partners has held the first and final closing of its fourth European growth equity fund, hitting the €1.4bn hard cap. The post Summit Partners hits €1.4bn hard cap in quick

Euroventures scans CEE for tech-based B2B targets, plans new EUR 100m fund

Euroventures is scanning Central and Eastern Europe (CEE) for technology-based business-to business (B2B) targets, and has close to half its EUR 45m fifth fund to deploy, Managing Partner Peter Tanczos said.

Traub Capital Partners names Michael Stanley as managing director

Traub Capital Partners, a private equity firm focused on the branded consumer sector, has appointed Michael Stanley as its managing director in New York. The post Traub Capital Partners names Michael Stanley as managing director

Clarion Capital names new managing director of investment relations

Clarion Capital Partners, a private equity firm focused on lower middle-market companies, has named Bryan Kelley as managing director of investment relations. The post Clarion Capital names new managing director of investment relations first appeared

Hyland Hill closes its debut fund on $250m

 Hyland Hill Investment Partners, an alternative credit investment firm focused on North America, has closed its inaugural private credit fund on $250m. The post Hyland Hill closes its debut fund on $250m first appeared on

BC's VetPartners sees Blackstone, KKR, Partners Group among parties preparing bids

Blackstone, KKR and Partners Group are among private equity firms preparing bids for BC Partners-backed VetPartners ahead of the sale launch, six sources familiar with the situation said.

Getir’s early-stage backer Re-Pie seeks new financial investors

Turkey-based sponsor Re-Pie Asset Management Co is looking for new financial investors having sold a 3% stake to Turkish conglomerate Altun Capital for a consideration of USD 160m, Vice Chairman Mehmet Ali Ergin told Unquote.

EQT faces selldown dilemma as realisation pressure dawns

European equity capital markets are tentatively opening following a resilient start to the year for global equity indices. In that light, equity sponsors are exploring whether to restart exit processes for some of their listed

Gulf Capital, Shorooq Partners back HealthTech company SANTECHTURE

Gulf Capital, a private equity firm aimed at the GCC and Southeast Asia, has teamed up with venture capital firm Shorooq Partners to invest into HealthTech startup SANTECHTURE. The post Gulf Capital, Shorooq Partners back

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

Texan PE firm Blue Sage makes latest exit with Magnum sale

Texan private equity house Blue Sage Capital has its latest exit through the sale of Magnum Systems to Pennsylvania-based 3 Rivers Capital. The post Texan PE firm Blue Sage makes latest exit with Magnum sale

CVC Capital Partners reportedly eyeing 30% stake in Indonesian gas company

CVC Capital Partners is reportedly leading the charge for a minority stake in Indonesian gas company PT Samator Indo Gas. The post CVC Capital Partners reportedly eyeing 30% stake in Indonesian gas company first appeared

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.