The investment is for financing innovative companies in the healthcare sector in Saudi Arabia
private equity funds
Latest in private equity funds
Catalyze Saudi
Saudi Ministry of Investment, PIF-backed Jada partner to stimulate startups through Catalyze Saudi initiative
The objective of the Catalyze Saudi programme is to connect leaders from governments, innovative start-ups, institutional investors, and leading family offices to participate in highly interactive roundtable discussions, and ultimately reinforce the impact and role of the private sector in the Saudi economy
gcc economy
Revealed: How MENA equity funds performed in the first half of 2021
S&P Indices Versus Active Funds MENA Scorecard shows that 93% of regional funds underperformed in H1
Abraaj
Has Abraaj’s downfall killed the private equity market in the Middle East?
Virtually no money has been raised by private equity firms based in the GCC since the collapse of Abraaj
Financial Services
Investcorp raises $142m for first Indian buyout fund
Investcorp’s fund will focus on investments in the consumer, financial services and healthcare industries
Abraaj
Actis acquires management rights to two Abraaj funds
The move is meant to bolster Actis’ position in the MENA region
-800x600.jpg)
Banking & Finance
Private equity firms: A role model for GCC private sector?
Brand View: There are regional lessons to be learned from private equity firms that could benefit the GCC private sector, writes Gabriel Chahine, Managing Director at Alix Partners Middle East
Indian economy
Logistics emerges as key PE fund target amid $1.1bn Indian investments
New report says logistics and warehousing seem to be the new real estate favourites for private equity funds
African investment
Helios Investment is said to plan $1.25bn pan-Africa fund
Some flows to Africa may have been hampered by the collapse of Abraaj Group, once among the most influential emerging-market buyout firms
Abraaj Group
CEO of $1bn healthcare fund once managed by Abraaj resigns
Mismanagement of investor money in the healthcare fund ultimately led to the collapse of Abraaj last year in the world’s biggest private-equity insolvency case
Abraaj Capital
US prosecutors accuse former Abraaj exec of hiding financial shortcomings
US prosecutors allege that former managing partner Sivendran Vetttivetpillai advocated the fraud in an e-mail to chief executive Arif Naqvi and others
commercial real estate
Indian PE investors in real estate favour commercial office, says report
Private equity investors are still shunning the Indian residential real estate
Abraaj Group
Putting the Abraaj scandal behind it, DIFC looks to the future
A record 437 new businesses registered in DIFC in 2018
Bahrain Investcorp
Bahrain’s Investcorp Bank sees sweet spot in Indian property crunch
Investcorp Bank, which manages about $23bn of assets, plans to provide structured lending to developers faced with borrowing constraints
Arcapita
Arcapita net income grows 50% in 2018
The Bahrain-based investment firm recently completed a $100 million equity-fund raising round to accelerate investment activity
Bahrain Investcorp
Bahrain’s Investcorp to set up $1bn European buyout fund
Investcorp says Coller Capital has underwritten a $1bn restructuring of a portfolio of its assets into a new fund vehicle
consumer technology investors
Indian venture capital investments more than doubles in 2017
The average ticket size of investments in consumer technology was about $7 million
