Yvette Choo
The investment firm has acquired a majority stake in the Dubai-based business and intends to expand it regionally.
Part of a larger expansion strategy into infrastructure, Dunia Wright, head of US and Europe for IFM, predicts that the Melbourne-based asset manager will have about 40 infrastructure professionals globally by the end of the year.
The Melbourne-headquartered firm expands New York investment team to support investment plans in the US.
The private equity firm will aquire 62% of Sah Petroleums in three stages, in its first investment in a listed Indian company.
Ashok Ramaswami will lead a newly hired team as the Dubai-based private equity firm deploys its first India-focused fund of funds, which makes private equity, real estate and infrastructure investments.
The New York-based turnaround firm has invested $80m into Xinhua Finance Media to aid its expansion efforts in sports broadcasting.
Sohil Chand, formerly with Goldman's Asian special situations team, will be responsible for making growth equity investments in Indian companies.
The private equity firm has hired Hidetaka Fukuda, previously a tech policy specialist at Japan’s Ministry of Economy, Trade and Industry.
The listed Babcock & Brown satellite, which has interests in 12 operating power stations and two more under construction, has also suspended distributions pending its recapitalisation.
The UK finance provider’s fund close was reportedly $500m short of its $1.5bn target.