--- Connecting LPs & GPs worldwide
--- Connecting LPs & GPs worldwide
22 February 2012
22 February 2012
21 February 2012
16 February 2012
13 February 2012
10 February 2012
10 February 2012
8 February 2012
8 February 2012
6 February 2012
Investors are facing a challenge to to identify the silver linings within a changing private equity market, according to turnaround specialist Jon Moulton
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. 
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. 
New investment firm Variable Pitch has soft-launched an £80m fund aiming to exploit the equity gap between angel investors and venture capitalists. 
Exits involving Israeli and related high-tech companies in 2011 totaled $5.23bn, while M&A deals were valued at $5.1bn, a massive 134 per cent increase on the $2.18bn recorded back in 2010. 
Bahrain-based Alternative investment group Investcorp has sold its stake in Redington International, a distributor of IT and telecom products in the Middle East, Africa and Turkey, for $115m. 
US private equity firm Silver Lake is in talks to buy Israeli user engagement product maker Conduit from Yozma Venture Capital, in a deal that could be worth between $200m and $250m. 
Ticketing website TiqIQ has closed a Series A financing led by Contour Venture Partners, with participation from seed and early stage venture capital firm iNovia Capital and business angels, including Joe Zawadzki, CEO of digital media site MediaMath. 
In 2011, 60 Israeli private equity deals attracted $2.88bn, an 18 per cent increase from $2.44bn attracted by 65 deals in 2010. Ten deals, each more than $100m, accounted for $2.15bn or 75 per cent of the total amount. 
Gulf Capital and Abu Dhabi Commercial Bank have signed a five-year revolving facility of AED500m ($136m) to help finance Gulf Capital’s investment pipeline. 
