Tag Archive for 'Preqin'

Harsh climate for African private equity calls for experienced local guides

Private equity are getting harder in Africa, particularly for mega funds looking for $75m deals, and 57 funds are currently trying to raise $13.1bn causing a “traffic jam”m, say private equity experts.

African private equity deal-making soars: $1.8bn transactions by May

Private equity funds focusing on Africa are becoming more active and making more deals. At least 12 deals were closed in the first five months to May 2011, compared to 19 deals in the whole of 2010, reports leading website Private Equity Africa which cites data from the research house Preqin. The disclosed value of the investments was $1.8 billion, compared to $600 million of deals made in the whole of 2010.