Investcorp completes US truck unit sale for $1bnBahrain-based Investcorp said it has completed the sale of FleetPride, North America's largest truck and trailer parts distributor, to top private equity investment firm TPG for more than $1 billion. FleetPride is an active pa More… |
Dubai equity firm takes over LeedsGFH Capital, a Dubai-based private equity firm and subsidiary of Bahrain bank Gulf Finance House (GFH) has signed a deal to buy former English soccer champions Leeds United, the latest foreign group to invest in one of the clubs with hopes of pr More… |
GFH Capital takes over Leeds UnitedGFH Capital, a Dubai-based private equity firm and subsidiary of Bahrain bank Gulf Finance House (GFH) has signed a deal to buy former English soccer champions Leeds United, the latest foreign group to invest in one of the clubs with hopes of pr More… |
Real estate PE challenged by liquidity issuesReal estate private equity (PE) fund managers around the world continue to face major challenges stemming largely from ongoing illiquidity within the capital markets, a report said. This has left few able to secure bank financing More… |
ME equities prepare to exit investmentsPrivate equity firms in the Middle East are preparing to exit a range of investments, a sign that asset markets in the region are recovering from the twin blows of Arab Spring uprisings and the global financial crisis, said experts. More… |
Citadel eyes Uganda oil refinery projectEgypt's Citadel Capital could be an investor in Uganda's proposed $2.5 billion oil refinery project, the Egyptian private equity firm's managing director said. Uganda, east Africa's third-largest economy, has said More… |
Mena equity market 'to see increased activity'The investment activity in the Mena private equity market is set to increase in the next 12 months, said a new survey reflecting the bounce back in confidence amongst regional general partners. The exit activity is also expected t More… |
PE firm buys 6.6pc of Jordan Dubai IslamicJordan-based private equity firm Foursan Group has acquired a 6.6 per cent stake in Jordan Dubai Islamic Bank (JDIB), making it the bank's second largest stakeholder, Foursan said on Thursday. The firm declined to disclose the monet More… |
US private equity firms face tax probeAt least a dozen US private equity firms have been subpoenaed by the New York state attorney general as part of a probe into whether a widely used tax strategy that saved these firms hundreds of millions of dollars is proper, a More… |
Private equity deals on the rise in METhe private equity market in the Middle East is in a very healthy state with deal volumes and values significantly increasing in 2012, said a report. The private equity (PE) investors are increasingly seeking opportunities in defensive sec More… |








