Actis, the emerging markets buyout firm, has made its first investment in Pakistan in nine years making a growth capital investment in ex-Halliburton oil and gas services company LMKR.
New York-based private equity real estate firm Apollo has hired Cindy Wenig as general counsel to advise on its transactions in the US and abroad.
The global buyout group, whose name means "surprisingly different", has made its first investment in China taking a non-control stake in Galaxy, a casino operator, to fund an ambitious programme of property development and expansion.
Morgan Stanley will buy US supermarket chain Tops for $310 million. The deal is the US investment bank’s second since re-launching its private equity division last year.
TPG, KKR and Goldman Sachs have completed the US’ largest-ever buyout in the form of their controversial, $45 billion deal for Texas energy utility TXU.
Zephyr Management has quadrupled its African fundraising efforts. The fund has a $250 million cornerstone investment from Saudi Arabian listed firm Kingdom Holding, led by prince Alwaleed bin Talal bin Abdulaziz Alsaud.
INREV says the termination of ’first generation funds’ will release €49.5bn of real estate into the market in 2009 and 2010.
Kohlberg Kravis Roberts, the US buyout firm, has bought UN Ro-Ro in its first transaction in Turkey, making it the latest firm to gain exposure to the country and the neighbouring MENA region.
Joining a growing number of firms setting their sights on the healthcare sector, LaSalle has reportedly purchased nine medical office buildings in New York state.
The European property fund manager’s new fund will focus on non-traditional areas of the market for a target return of 20 percent per annum.