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Cedar-IBSi Capital floats fintech VC fund for India, GCC and other markets

Finance

Cedar-IBSi Capital floats fintech VC fund for India, GCC and other markets

Management consulting firm Cedar Consulting and fintech market intelligence platform IBS Intelligence have teamed up to form a new venture ......

Distressed debt funds, hedge funds eye opportunities in Credit Suisse AT1 bonds

Finance

Distressed debt funds, hedge funds eye opportunities in Credit Suisse AT1 bonds

Distressed debt investors and large hedge funds are buying up Credit Suisse additional tier-1 bonds at rock-bottom prices after they ......

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Dolma teams up with LP to ink Nepal's largest PE transaction

TMT

Dolma teams up with LP to ink Nepal's largest PE transaction

Dolma Fund Management, the first international private equity firm focused on Nepal, has struck a large transaction in partnership with ......

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Dubai Future District Fund signs LP cheque for VC firm

Finance

Dubai Future District Fund signs LP cheque for VC firm

Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-funds, has invested in a Dubai-based venture capital firm ......

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Nepal's NIIF backs electric mobility firm in third deal

Manufacturing

Nepal's NIIF backs electric mobility firm in third deal

Nepal Infrastructures Investment Fund (NIIF), a permanent capital vehicle jointly promoted by alternative investment firm Global Equity Fund (GEF), Prime ......

Credit Suisse, UBS deal: What you need to know

Finance

Credit Suisse, UBS deal: What you need to know

UBS agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) and agreed to assume ......

Hedge funds, big investors brace for more turmoil as banking drama unfolds

Finance

Hedge funds, big investors brace for more turmoil as banking drama unfolds

Hedge funds managers and other large investors believe it is far too soon to call an all-clear on turmoil in ......

Gulf startups Almentor, COFE, Qlub snag VC funding; Tamara gets debt from Goldman

TMT

Gulf startups Almentor, COFE, Qlub snag VC funding; Tamara gets debt from Goldman

Startup funding activity in the Middle East remained robust this week, shrugging off the dismal sentiment in other regions after ......

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Former Novartis China chief Jeff Li's GL Capital taps LP for new fund

Finance

Former Novartis China chief Jeff Li's GL Capital taps LP for new fund

GL Capital, founded in 2010 by former Novartis China country president Jeffrey Li, has tapped a Limited Partner (LP) for ......

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Apis Partners inks fifth full exit from maiden fund in South Africa

Finance

Apis Partners inks fifth full exit from maiden fund in South Africa

Apis Partners, the UK-based private equity firm that has backed growth-stage companies mostly in financial services and fintech business across ......