Fundraising

Private equity has extended to the far corners of the world, cropping up in some unexpected locales. Judy Kuan speaks with Robert Fogler, co-founder of the Rwanda-focused Thousand Hills Venture Fund, about the role for private equity in a smaller market – but one that might well be on a fast-track for growth.

Aberdeen Property Investors is expanding into Asia with the launch of an Asian fund of property funds.

Greylock Partners has raised $150m for its first fund dedicated to investing in Israel’s high-tech sector, which received $404m of venture capital funding in the second quarter.

North Asset Management defies skeptics by listing a €100m property fund focused on EU accession states.

CDH Investments, a China-based growth capital manager, has raised $200m for a debut venture fund.

Chris Clark, an investment director at UK mid-market investor Hermes Private Equity, will leave the firm this Friday.

Swiss fund manager Partners Group has closed its fourth fund in the last three months, raising €282m for investing in global mezzanine funds and direct mezzanine investments in private equity transactions.

EMP Global, a private equity investor in emerging markets specialising in direct investments, has hired James Seymour, a fund investment veteran.

Chequers Capital, a mid-market buyout firm based in Paris, has raised €600m for Chequers Capital XV, double the size of its predecessor.

The Government of Singapore Investment Corporation has said it generates an annual 9.5 percent in returns from an investment portfolio that includes private equity.