Saudi PIF shortlisted as bidder for stake in Starbucks Mideast

Saudi PIF shortlisted as bidder for stake in Starbucks Mideast

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, has been shortlisted to buy a stake in the Middle East, North Africa and central Asia Starbucks franchise held by Alshaya Group. Kuwait-based Alshaya Group, the region’s leading brand franchise owner,...
Bain Capital closes $2 billion Asia ‘special situations fund

Bain Capital closes $2 billion Asia ‘special situations fund

Bain Capital has closed a $2bn “special situations fund” for the Asia-Pacific region to cover a range of asset types but with a focus on real estate, said Barnaby Lyons, one of the investment firm’s managing directors. The fund is the second of its type that Bain has...