A proposed deal from US investment manager Colony Capital to buy part of the fund management business of troubled Dubai-based private equity firm Abraaj Capital is reportedly in doubt after meeting resistance from investors.
The Public Investment Fund (PIF), a Saudi Arabian sovereign investment vehicle, has splashed out on a 15.2% stake in Saudi-based Acwa Power, one of the region’s largest solar power developers.
African Infrastructure Investment Managers (AIIM) has taken a 50% stake in Societe d’Exploitation et de Gestion Aeroportuaires (Sega), a pan-African holding company specialising in airport investments across West and Central Africa.
Abu Dhabi-based investment manager Waha Capital will reportedly undertake a recruitment drive before launching a series of funds.
US-based private equity firm Blackstone Group is expected to launch its Saudi-backed infrastructure fund following the news that it has completed a round of fundraising worth $5 billion.
Bahrain Development Bank (BDB) has launched what it claims is the region’s first active venture capital (VC) fund of funds.
The GCC member states have announced plans for “an integrated programme that will soon be announced to enable the Kingdom of Bahrain to support its economic reforms and fiscal stability”.
Abu Dhabi Global Market (ADGM), the emirate’s international financial centre, has signed a cooperation agreement with the Hong Kong Monetary Authority (HKMA) to jointly promote their respective fintech sectors.
Kuwait’s lawmakers are planning to introduce new foreign investment rules in order to generate a greater capital influx and stimulate its sluggish economy, following in the footsteps of the UAE and Saudi Arabia which have both introduced similar measures in recent weeks to help move away from an oil-dependent economy.
Index provider MSCI has upgraded Saudi equities to emerging market status by including them in its widely tracked Emerging Markets index.
In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...
Rasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.
Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.
Our panellists tell us that instead of launching competing national projects, African countries should work together for the sake of a bigger capital market. Chaired by George Mitton in Cape Town.
|
|
 |
 |
|
How are private equity firms achieving operational excellence? Read this whitepaper to take a look at how funds are achieving operational excellence, better communication with allocators/LPs and utilising the latest technologies to innovate. |
November 2018
ETF Report 2018