A new crop of Africa-focused private equity funds provides clear evidence of the region’s increasing pull for investors. By Judy Kuan.
New York-based Harvest Partners has executed its second recap of Natural Products Group after launching the personal care products platform just over a year ago.
The Indian private equity market approximately doubled in size during 2005, both in terms of number and value of completed deals.
Anhui Conch has benefited from an anticipated recovery in the Chinese cement industry by securing a $200m investment from Morgan Stanley and the IFC.
ING has agreed to sell Steadfast Capital’s €305 million fund to a consortium of private equity investors, but the Dutch insurance company still intends to invest in the Frankfurt-based private equity firm’s next fund.
Macquarie is building a US fund of funds business with the help of three former Pacific Corporate Group pros.
Morgan Stanley and the World Bank have taken a 14 percent stake in publicly traded Anhui Conch Cement, mainland China’s largest cement company, for approximately $215m.
Sydney-based Pacific Equity Partners has overcome bird flu fears to acquire Heinz’s New Zealand poultry subsidiary Tegel Foods.
Boston-based Berkshire Partners is the second US private equity group to make a bet on a Canadian retailer in December, investing in women’s apparel company Aritzia.
The buyout firm has made a 178p per share bid for Inventive Leisure, the AIM-listed owner of the UK vodka bar chain.