Tag Archive for 'African private equity'
July 10th, 2019 by Tom Minney
The ongoing collapse of the giant Abraaj platform in the world’s biggest private-equity insolvency has hit flows into Africa-focused private-equity funds. Former Abraaj managing partner Mustafa Abdel-Wadood is cooperating with New York prosecutors after pleading guilty in a Manhattan court 2 weeks ago. He could face up to 125 years in prison. Abraaj was founded […]
July 10th, 2019 by Tom Minney
Private equity fund managers (general partners or GPs) are using money promised by investors (limited partners or LPs) as security to borrow from banks. The Economist magazine says, in a recent article on the Abraaj crisis, says investors are becoming “warier of private-equity firms’ less orthodox tactics”. The magazine says that GPs use these “subscription […]
May 1st, 2015 by Tom Minney
Congratulations to the winners of the 2015 Private Equity Africa Awards which celebrate the achievements of Africa’s top General Partners (GPs) and advisors in 2014.
January 13th, 2015 by Tom Minney
Leading African private investment firm Helios Investment Partners, says it is about to close its 3rd Africa-focused private equity fund Helios III at the $1.1 billion limit, making it the largest fund.
August 4th, 2014 by Tom Minney
Private-equity investor The Abraaj Group made its first exit in Angola, exiting its investment in Fibrex which manufactures high-density polyethylene (HDPE) and other low-pressure plastic pipe products used in construction.
November 4th, 2013 by Tom Minney
Shareholders of leading investment company Citadel Capital have voted recently to allow the company, which says it has US$ 9.5 billion in investments under control, to boost capital by EGP 3.64 billion capital increase as part of major restructuring.
October 21st, 2013 by Tom Minney
A leading African private equity house Development Partners International (DPI) has reached the first close of its second pan-African African Development Partners II (ADP II) fund at over $400 million.
September 11th, 2013 by Tom Minney
Africa’s private equity firms have been finding great ways to realize value, fuelling and profiting from the continent’s soaring growth, but also helping Africa’s markets become more pan-regional and scoring successes by working closely with management teams to create value at investee companies.
June 14th, 2013 by Tom Minney
At an excellent awards dinner in London this week, the winners of the Private Equity Africa awards 2013 were announced, from a hotly contested field.
June 10th, 2013 by Tom Minney
Global institutional investors (“Limited Partners”/LP) have selected Sub-Saharan Africa (SSA) as the most attractive investment region for private equity, according to research from the Emerging Markets Private Equity Association (EMPEA).