The former president of JER Partners in Europe has joined private property investment company Three Delta, which attempted to acquire Sainsbury’s supermarket group in the UK two years ago.
1 min read · 08 February 2013
Qiming brings in three, raises $320m * Philipp to go it alone in MENA * Morgan Stanley appoints Japanese PE head * JPMorgan pro joins Blackstone's GSO * Paul Capital appoints Hong Kong office head * Carlyle hires Citibank Japan president * Credit Suisse appoints Asian head of sponsors
5 min read · 08 February 2013
Mohammed Al-Shroogi, a 30-year Citi veteran, has resigned from the financial services giant to join the Bahrain-based investment manager.
2 min read · 08 February 2013
This month saw two direct investments in the City of London by Middle Eastern investors better known for making third party investments into blind pool, discretionary funds. PERE spoke with the agent behind these deals about their wind change in investment priorities.
2 min read · 08 February 2013
Gary Long has departed from the firm after 15 years as Investcorp looks to streamline management and cut costs.
1 min read · 08 February 2013
Citadel Capital-backed gas distributor TAQA Arabia won a $165m contract in Libya to build a gas distribution network linking the country’s three major cities. In Algeria, Japan’s JGC and a joint venture between Swiss engineering firm ABB and Algerian oil and gas construction firm Sarpi won contracts totalling $1.6bn for gas gathering, metering and pipeline facilities.
2 min read · 08 February 2013
Far from feeling the impact of the slowdown, one firm is charging ahead with growth plans
5 min read · 08 February 2013
The findings of a recent survey appear to strengthen the case for portfolio diversification
3 min read · 08 February 2013
PEI Asia’s inaugural ranking of the 30 largest private equity firms from the Middle East and the Asia Pacific.
8 min read · 08 February 2013
Four Democratic representatives have introduced a bill that would authorise the creation of an entity to fund infrastructure projects ‘of regional or national significance’. It would be funded with up to $250bn of federal dollars that would enable $625bn of lending capacity.
3 min read · 08 February 2013
