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World Bank's Banga denies IFC cover up of abuse involving Kenya school investment

General

06 February, 2024

World Bank's Banga denies IFC cover up of abuse involving Kenya school investment

World Bank President Ajay Banga on Monday rejected allegations that the bank's International Finance Corp arm sought......

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African PE firm SPE Capital taps another returning LP for third fund

Finance

05 February, 2024

African PE firm SPE Capital taps another returning LP for third fund

Africa- and Middle East-focused private equity firm SPE Capital, which invests in mid-sized companies, is set to secure......

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Pakistan's i2i Ventures taps offshore LP for maiden fund

Finance

31 January, 2024

Pakistan's i2i Ventures taps offshore LP for maiden fund

Pakistan-based i2i Ventures, an early-stage venture capital firm, is set to raise fresh capital from an overseas limited......

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AP Moller Capital brings new LP on board for $1.5 bn Asia, Africa fund

Finance

22 January, 2024

AP Moller Capital brings new LP on board for $1.5 bn Asia, Africa fund

Copenhagen-headquartered private equity firm AP Moller Capital has tapped a new limited partner for its second fund, as ......

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Phi Capital taps returning European limited partner for new PE fund

Finance

22 January, 2024

Phi Capital taps returning European limited partner for new PE fund

Private equity firm Phi Capital is bringing on board a European institutional investor, who backed its maiden fund, as a......

IFC appoints former Jordanian minister as South Asia regional director

Finance

22 January, 2024

IFC appoints former Jordanian minister as South Asia regional director

International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, has appointed a ......

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Mauritian investor Adenia gets returning LP for latest Africa-focussed vehicle

General

16 January, 2024

Mauritian investor Adenia gets returning LP for latest Africa-focussed vehicle

Mauritius-based private equity firm Adenia Partners, a backer of nearly 30 companies across the African continent ......

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Heavyweight investors' bets go underwater as Byju's valuation slumps to $1 bn

TMT

12 January, 2024

Heavyweight investors' bets go underwater as Byju's valuation slumps to $1 bn

Some of the world’s biggest private equity firms, asset managers, pension funds and sovereign wealth funds are now ......

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Hong Kong-based ADM Capital set to get LP commitment for fund with India mandate

General

11 January, 2024

Hong Kong-based ADM Capital set to get LP commitment for fund with India mandate

Asian investor ADM Capital (Asia Debt Management Hong Kong Ltd) is in the process of tapping a limited partner for ......

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Tata Capital taps offshore investor to ramp up microfinance business

Finance

10 January, 2024

Tata Capital taps offshore investor to ramp up microfinance business

Mumbai-based Tata Capital Ltd, the financial services arm of the $140 billion Tata Group, is raising fresh capital ......

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