--- Connecting LPs & GPs worldwide
--- Connecting LPs & GPs worldwide
22 February 2012
22 February 2012
22 February 2012
22 February 2012
22 February 2012
22 February 2012
22 February 2012
22 February 2012
22 February 2012
22 February 2012
While India’s private equity industry is still in its infancy, investors still recognise its undeniable potential, given the scale of the region’s economic transformation
Baird Private Equity (BPE) has appointed Gordon G Pan as managing director after his predecessor moved to The Pritzker Group. 
Zurich-based private equity firm Zurmont Madison has begun marketing its second fund with institutional investors, and aims to reach a first close by the middle of this year. 
The Oman Investment Fund, a sovereign wealth fund of the Sultanate of Oman, and the Chicago Mercantiles Exchange have increased their stake in the Dubai Mercantile Exchange (DME) to enable it to continue growing its business. 
Dutch private equity firm Karmijn Kapitaal has hit the first close of its first private equity fund, which will focus exclusively on companies that have a balanced management team of men and women.
Global private equity firm Advent International is preparing the launch of a new fund valued at around €7bn, and could issue a private placement memorandum to potential investors soon, according to sources. 
IL&FS Investment Managers could be about to regain ownership of the Hershey Company’s joint venture with the Godrej Group by buying out the chocolate company’s 51 per cent equity stake. 
CVC Capital Partners could be about to sell Czech lager company StarBev in a deal worth up to $3bn, the Wall Street Journal has reported. 
The venture capital arm of Citigroup has partnered with Dubai-based private equity firm Levant Capital to buy a majority stake in Al-Raya, the Saudi supermarket chain, for $100m. 
Belgian private equity company Gimv has acquired a majority interest in medical diagnostic company Oldelft Ultrasound from AlpInvest. 
While M&A mid market activity in the second half of 2011 decreased sharply, acquisition multiples remained largely unaffected. 
