Abu Dhabi sovereign wealth fund ADQ has invested $125m in the debut fund launched by Aliph Capital, the Middle East’s first female-led private equity firm. The investment announced by ADQ and Aliph’s founder accounts for half of the $250 million Aliph Fund I (LP),...
KKR has agreed to buy into seeds provider Advanta Enterprises in a deal which values the business at about $2.25bn. The private equity giant will invest $300m for a 13.33% stake in Advanta, a subsidiary of global agricultural services major UPL. Advanta provides...
The Carlyle Group has acquired a majority stake in Spain-based plywood manufacturer Garnica from Intermediate Capital Group (ICG) and certain shareholders in a €500m deal. The transactions sees ICG exit the company, while the Garnica family will reinvest part of the...
As fundraising challenges persist in the private equity market, managers seeking new capital are expected to see an even tougher year in 2023. These additional challenges could confront private equity managers across almost all fund sizes and strategies, said Clay...
Singapore’s asset management industry grew to a record size last year, outpacing global growth in the sector as the city-state benefited from more business from global and regional funds. The Monetary Authority of Singapore (MAS) said total assets under management in... 