Jenny Blinch

A recent survey of GPs in the region finds the global economic crisis has reduced returns and activity level expectations, but the long term outlook for private equity remains upbeat.

The Hong Kong-based firm arranged $40m in mezzanine capital for the steel component part manufacturer.

The Dubai-based firm has made two senior level appointments and expects to make more this year as it continues raising its $4bn Fund III.

Jenny Blinch explores optimism across Asia: Is the region’s private equity market best placed to weather the global financial storm?

Kevin Zhang will end his 15 year-career with the bank, reportedly to join a China-focused private equity fund.

The second fund being raised by the MENA-focused firm is expected to reach its $350m target within a few months.

The European niche investor bought the stricken UK tea and coffee retailer for an undisclosed amount from Icelandic seller Baugur Group.

The Switzerland-based firm was targeting $1bn for its second Asia-focused ‘programme’, a series of vehicles which will invest in primary funds and secondary transactions and also partner on direct investments.

Emerging markets specialist Aureos has now made four investments in Thailand from its $91m South-East Asia Fund. The investment was in return for a 'significant minority' stake.

Private equity in the UAE is not immune to the global financial crisis and will experience a ‘natural shift in its business model’ over the next three to five years, a survey has found.