Yvette Choo
Shareholders will vote today on the Dubai-based bank's fate; last month, they unanimously opted to keep the company a going concern.
The San Francisco-based placement agent, advisor and secondaries broker has hired ex-AIG Investments executive Edwin Chan to lead its first Asian office.
Adnan Ali Sultan will ‘evaluate deals’ for the financial firm’s private equity fund, Saffar Financial Infrastructure Fund.
The Asia- and Middle East-focused investment firm is reportedly attempting to sell its controlling stake in Masterskill for more than $200m, after plans to list the company were scuppered by falling stock markets last year.
The Zephyr Peacock India Fund II, which is targeting $75m, will target growth investments in SMEs primarily in tier II and III cities and rural India.
The Egypt-focused fund, which is targeting $100m, has raised $51.5m from ‘a significant number of European institutional investors’.
The joint-ASEAN fund would use Asian countries’ excess foreign reserves to invest in infrastructure networks.
Tay Choon Chong has left GIC to join Vertex, a wholly-owned subsidiary of Singapore's other sovereign wealth fund Temasek.
Institutional investors remain committed to emerging markets private equity and convinced it can offer higher returns than more developed markets. However, their perception of the risk involved has incresed since 2008.
The SEAF India Agribusiness Fund expects to hold a first close on $35m by May.