Isobel Markham
Isobel Markham is Editor of Private Equity International, overseeing the editorial content of the monthly magazine and contributing news and analysis for PrivateEquityInternational.com. Based in New York, Isobel works closely with private equity-focused colleagues across PEI Media’s offices in New York, London and Hong Kong. She is a graduate of Columbia University’s Graduate School of Journalism.
The sale comes as the Bahraini firm, led by Mohammed Mahfoodh Al Ardhi, embarks on its ambitious growth plan.
The London-based firm is currently in market with its eighth flagship fund, targeting €1.6 billion.
%2080.jpg?id=19327365108 "Abraaj brushes off Turkey concerns")
The firm’s head of Turkey says macro issues are not affecting investment pace, and expects to close 4-5 investments in the next two years.
John Brooks, former chief executive of Joslin Diabetes Center, will help to identify new investment opportunities.
Christian Kvorning, an investment director at the €31.5bn Danish pension fund’s alternatives arm, on worsening fund terms, the need for a ‘healthy crisis’ and elusive US managers.
Despite an onslaught of challenges, the emerging markets specialist has raised $526 million for its debut Turkey-dedicated vehicle.
Originally targeting $400m, Fund IX is the firm’s largest fund of funds to date.
Noble will retain her role at the DFI as well as working with UK bank-backed BGF, a growth capital investor.
.jpg "ADIA continues to trim external managers")
In its annual review, the $773bn Abu Dhabi sovereign wealth fund reported a fall in 20- and 30-year annualised returns against a 'backdrop of slowing global growth'.
The mezzanine provider has seen a 2% increase in third-party fee-earning AUM.