The largest US pension fund has approved an increase to the asset class, which will now be allocated 10 percent of CalPERS’ $250bn portfolio.
Arif Naqvi, Abraaj Capital's chief executive, is looking forward to 2008 and continuing to invest in the development of the Middle East, North Africa and South Asia region’s basic building blocks.
The frequent infrastructure investors are backing the management-led buyout of Waste Industries USA, a refuse and recycling company with operations in North Carolina, South Carolina, Virginia, Georgia and Tennessee.
The two are among several foreign investors to have bought a total 15 percent stake in an Indian SPV floated by construction group Shapoorji Pallonji.
In a deal arranged by Renaissance Capital, shopping mall developer Karavan Real Estate will become the first Ukrainian company to receive investment from Citi’s private equity funds.
Affinity Equity Partners, one of Asia's fastest growing firms, made a splash in 2007, but sees clouds ahead. Its founder tells PEO why.
Global mid-market firm Advent International has hired two new recruits to bolster its Central and Eastern European team as deal flow peaks at year end.
Hudson Group, which operates Hudson News stores in airports in the US and Canada, will be Advent International’s tenth investment in the travel-related business sector.
After weathering a turbulent 14-year investment period, Conduit Capital Partners has sold the last assets of its 1993 Latin Power I fund.
The Indian company says it hopes to reach a final closing on $750 million in the next three months.