Expanding its investment reach into less traditional emerging markets, the US-based Overseas Private Investment Corporation has committed to financing private investment funds targeting Africa. By Judy Kuan
The biography of Richard Frank, the chief executive of Darby Overseas Investments, makes him well-placed to guide its expansion into the emerging markets of eastern Europe.
Markstone Capital Group has attracted investment from US and Israeli pension funds to invest in late-stage old economy companies in emerging markets.
The emerging markets-focused investment firm is targeting Central and Eastern European countries as it extends its mezzanine financing operations.
The Warsaw private equity firm has entered the Slovakian retail sector with its acquisition of a stake in white and brown goods retailer NAY.
The managers of Tailwind Capital have informed limited partners that the group intends to split from Thomas Weisel, ending a sometimes rocky relationship with the San Francisco financial services group.
With a former Perseus power pro at the helm, Natural Gas Partners has expanded into technology investing with a $94m first close on a debut tech investment fund.
Paris-headquartered AXA Private Equity has followed the recent spate of private equity firms hiring in Germany with an appointment to its Frankfurt office.
London-listed private equity group 3i has opted not to apply the controversial IAS 27 accounting standard to its portfolio companies in its interim results to be announced in early November.
Along with co-investor Cinven, Candover has also announced the sale of a £200m stake in UK bingo operator Gala to Permira in a deal which values the company at £1.9bn.