US firm Summit Partners has invested in Nomacorc, a manufacturer in the growing synthetic wine closure market.
Publisher Ziff Davis is casting off a $150 million subsidiary in the hopes of recovering its financial equilibrium.
Denver industrial REIT ProLogis has created a special real estate fund to acquire the assets from a joint venture set up by the California State Teachers Retirement System and Nevada developer Dermody Properties.
Publicly traded alternative asset manager American Capital – fresh from having raised $1 billion in 4 days from its 29th initial public offering – has announced four deals worth more than $172 million in the last two days.
Joseph Blum, a senior project finance lawyer with substantial experience of advising oil and gas companies, has joined Global Infrastructure Partners as private equity’s interest in the sector shows no sign of drying up.
Kohlberg Kravis Roberts is reportedly looking to join Blackstone as a listed company, while Apollo Management is also thought to be pursuing an offering
Actis has bought a majority stake in Sinai Marble in the same month as the Abraaj-led consortium carried out a record deal in Egypt. The smaller deal, in partnership with a family run business, is far more representative of deals in the region.
Dubai World, the investment firm of the Dubai government, is reportedly looking to increase its real estate portfolio in the US and Asia.
The prospects for private equity in the Middle East look good, as a report suggests that the asset class can become a key economic driver in the region in the coming years.
The investment bank has raised $8 billion for it sixth international real estate vehicle, a new record. However, Blackstone’s latest fund may soon surpass it.