Paladin Capital Group, a U. S. firm, and Abu Dhabi's Invest AD, plan to launch a $100-million private equity fund to invest in companies in fast-growing economies in the Middle East, North Africa and Turkey, the two companies said on Monday.
Sectors
Carlyle Group sees first earnings drop
Carlyle Group LP, the private equity group that went public in a $671 million IPO earlier this month, on Tuesday reported a 26 percent drop in profitability in its first-quarter earnings, as it failed to match a strong 2011 first quarter.
Fingerprint Cards (FPC) will further extend partnership with Miaxis in China and especially towards the Chinese banking sector
FPC launches its new and further enhanced version of the FPC1011F, the by far most deployed silicon-based area sensor in China.
G4S close to sale of Danish operations -paper
Security firm G4S is preparing to sell a large part of its Danish operations in a deal that is expected to be worth more than 1 billion Danish crowns ($174.
China Yongda Auto launches up to $434 mln HK IPO - IFR
China Yongda Automobiles Services has launched its Hong Kong initial public offering, aiming to raise as much as HK$3.37 billion ($434 million).
Latest News
Viddy, the popular mobile video start-up, announced on Friday it has raised a hefty $30 million from institutional investors to bolster its expansion efforts in the face of stiff competition from Socialcam, a similar video-sharing service.
Lovell Minnick Partners is pleased to announce the acquisition of a majority interest in Commercial Credit Group Inc.
Dan Carroll Invests $2.5 Million in Sonoma County, California Based Wine Company, H.D.D. LLC (Hambrecht, Hurst, Dolan & Dolan)
The Tapjoy Asia Fund offers development, funding, marketing, and distribution services to select developers throughout Asia
CAVU Resources, Inc. has closed on a joint venture agreement and has acquired 40% of the newly formed company called CAVU Global Energy, LLC, ("CAVU Global").
AltResources, a leading provider of fund administration services for private equity funds, announced that Joseph Daly has joined the firm as Compliance Director.
Naturally Advanced Technologies Inc. has entered a joint development agreement with Austria-based Lenzing Group.
Warburg Pincus LLC WP.UL has raised more than $5 billion in just over seven months for its 11th global private equity fund, a major step on the way toward its $12 billion target.
Chinese rating agency Dagong plans to open its European headquarters in Milan by the beginning of next year.
