#Private Equity

Saudi Arabia’s Hassana to back $2bn Brookfield Middle East fund

Saudi Arabia’s Hassana to back $2bn Brookfield Middle East fund

The fund will target buyouts, structured solutions, and other investment opportunities across a range of strategic sectors, including technology and healthcare

Polus Capital Management wins ADIA investment

Polus Capital Management secures ADIA investment

The investment follows the US Federal Reserve’s first interest rate cut in four years, which is expected to boost companies with balance sheet concerns

private equity trends half year report bain & co GettyImages-910730068

Private equity finds stability but momentum remains elusive, shows report

The report highlights that the sharp decrease in deal-making and exits over the past two years has largely plateaued in the early part of 2024

Merger and Acquisition (M&A)

What does 2024 herald for MENA M&A and private credit?

Despite global dealmaking challenges in 2023 the Middle East will continue to be a global bright spot for transactions in the year ahead

BlackRock

Abu Dhabi Crown Prince and BlackRock CEO discuss investment opportunities

The meeting discussed the array of opportunities available for global investors and international companies within the UAE

Mubadala allots $1bn to Blue Owl Capital’s credit platform

Mubadala commits $1bn to Blue Owl Capital’s credit platform

The investment will initially focus on providing financing for technology and software companies

Subway bought by Roark Capital

Subway, Dunkin’ now a package deal? Sandwich brand bought by Roark Capital

Transaction combines Subway’s global presence and brand strength with Roark’s deep expertise in restaurant and franchise businesses

ADQ, IHC to create MENA's largest independent investment manager

ADQ, IHC to create MENA’s largest independent investment manager

The new investment manager aims to launch a series of multi-asset class funds to invest in private equity, venture capital, credit and public equities

Edmond de Rothschild

General Atlantic joins push for Middle East sovereign wealth

The US-based firm has been investing in the region since 2015 and has deployed about $400m in companies such as Property Finder and Network International

Investcorp, Fung Capital to start $500m Greater Bay fund

The fund will mainly focus on buyouts of firms in or close to the region that spans the Chinese cities of Hong Kong and Macau

Georges Kern Breitling

Private equity-backed Breitling CEO eyes deals after turnaround

Breitling’s average selling price is now about $6,100, as the company uses more gold, precious stones and metals

How private equity is well poised to leverage opportunities

As an asset class, private equity continues to perform robustly, with venture capital seeing a standout year on the back of enthusiasm for technology and healthcare

Kuwait’s $124bn pension fund plans infrastructure boost

The new plan, developed with US-based consultancy Mercer, will start next year

Kuwait pension fund plans to triple infrastructure investments

PIFSS had a record investment profit of $7.3bn in the three months through June

Kuwait’s $112bn pension fund has cash to burn after revamp

Cash accounts for about 11.5 per cent of its investments, which the fund aims to cut to 4 per cent over the next seven months

Abraaj ex-CEO’s alleged theft cost the firm $385m – liquidators

Naqvi is one of six former Abraaj executives who face charges stemming from the private equity’s firm’s 2018 collapse

Taking Over In Growth Markets

Abraaj Capital founder and group CEO, Arif Naqvi, tells Alicia Buller about his hopes for the private equity sector.