Private equity firm DGC pioneers new approachNewly formed private equity company Dividend Gate Capital (DGC) is pioneering new standards with its unique approach to business growth for Bahrain’s small and medium enterprises (SMEs). DGC is targeting More… |
Investcorp to launch $100m pension fund in OmanBahrain-based Investcorp, a leading global provider and manager of alternative investments, will launch a $100 million fund dedicated to Oman’s Pension Funds. The Opportunities Fund was announced at an event hosted by the Mi More… |
PE houses need to keep up with digital change: PwCThere is a pressing need for private equity (PE) houses in the Middle East to keep up with the rapid digital transformation or risk being left behind, said PwC, a top provider quality in assurance, advisory and tax services.   More… |
Mubadala Capital secures $2.5bn PE investment from ArdianMubadala Capital, the financial investment arm of Mubadala Development Company, today announced a private equity transaction worth $2.5 billion with Ardian, an independent private investment company. Ardian has committed $2 More… |
Mena private equity market ‘poised for big growth’The Mena private equity industry (PE) is poised for significant growth led by the GCC’s six member states in light of intensified Mena-wide economic diversification and development efforts, a report said. This was the key fi More… |
EuroMena closes third fund for $150mLebanon-based EuroMena, a private equity fund, has announced the second and final closing of its third fund EuroMena III for a total consideration of $150 million. EuroMena attracted first-time international investors to its third More… |
Three Gulf PE firms bid for stake in Al Borg LabsThree Gulf-based private equity firms are competing to acquire a minority stake in Saudi Arabia's Al Borg Medical Laboratories, sources aware of the matter said on Monday. The Gulf Arab region's fast-growing healthcare sec More… |
Chevron to sell Hawaii refinery to PE groupChevron Corp has signed an agreement to sell its Hawaii refinery to private equity firm One Rock Capital Partners, ending a more-than six year quest to sell an asset not considered core to its business. Terms of the deal were not More… |
ME private equity sees growing volumes in 2015Last year was a very encouraging year for private equity (PE) in the Mena region with a growing volume of larger deals, notably in the retail and consumer goods, healthcare, and education sectors, an industry expert said. “T More… |
Lexmark considers breaking up - sourcesPrinting services company Lexmark International is considering the possibility of divesting its hardware and software assets separately to revive interest in its sale process, according to people familiar with the matter. The deli More… |