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LONDON, Jan 11 (Reuters) - The former regional heads for Africa at private equity giants KKR and Carlyle are setting up an investment firm, Arkana Partners, to target local equity investments of up to $100 million.
Meitav Dash, Israel's second-largest investment house, pulled out of a deal to be bought out by London-based private equity firm XIO, saying XIO had changed the terms from the initial offer, Reuters reported.
Aug 22 (Reuters) - UK-based investment management firm Tilney said on Tuesday it appointed Jane Garrick as chartered financial planner at it's Birmingham office.
Financial terms were not disclosed, but the investment is 'well north' of the US$34.5 million already raised by eSentire, its CEO said
Carlyle Group's AlpInvest Partners hired Ruulke Bagijn as head and managing director of its primaries business. Bagijn will start on September 1 and work out of Amsterdam. Bagijn joins AlpInvest from AXA Investment Managers, where she worked as...
Aug 21 (Reuters) - British investment management firm Hargreave Hale on Monday named Doug Jones as an investment manager at its Lancaster office.
In the 50 years since the first Krugerrand was minted in South Africa, the gold coins have turned out to be one of the best investments in the country. As Bloomberg reports, the Krugerrand originally sold for 27 rand (then worth $35) back in 1967....
Under private-equity firm KKR, Gardner Denver has retooled its compressor and pump business. Upside is 40%.
At this week’s Pebble Beach Concours d’Elegance, an elite annual car show, a 1956 Aston Martin DBR1 is set to sell for a cool $20…
Melia Robinson/Business InsiderJeremy Gardner was returning from a safari in South Africa — where he flew out to attend AfrikaBurn, a regional Burning Man festival — when he came into cell service. He checked Twitter, where he follows...
Monstar Lab Inc, a Japanese software development firm, has raised $6.3 million in funding. The investors included YJ Capital Inc., Shinsei Corporate Investment Limited, San-In Chuo Television Broadcasting Co., Ltd., Fenox Venture Capital and Tanabe...
Cowen Inc has hired Ann M. Miller as a director in the special situations group and will be part of the firm's investment banking team. Previously, Miller was a director at Houlihan Lokey's financial restructuring practice.
JOHANNESBURG, Aug 17- A New Development Bank set up by the "BRICS" group of emerging economies plans to lend $1.5 billion to South Africa for infrastructure projects over the next eighteen months. The BRICS- Brazil, Russia, India, China and South...
STOCKHOLM (Reuters) - Swedish mobile infrastructure firm Ericsson is suing French-Chinese smartphone maker Wiko in two German regional courts over patent infringements, it said on Thursday.
NEW YORK, Aug 16 (Reuters) - LaSalle Investment Management Inc has set a new capital-raising target of $1 billion for the fifth of its pan-Asia opportunistic real estate funds, one of which is expected to significantly outperform a target annual...
Wall Street is set for a positive open on Wednesday, but with traders taking a cautious approach ahead of the latest Federal Reserve minutes that indicate if more rate hikes are coming this year.
HONG KONG (Reuters) - Telecoms group China Unicom is set to announce on Wednesday funding from Chinese technology firms and other investors, as part of Beijing's push for state-owned enterprises to be revitalized with private capital, two people with...
Cohu Inc., which tests semiconductors, wants to persuade the U.S. Committee on Foreign Investment that the proposed sale of Xcerra Corp. to a Chinese government-backed fund would threaten national security.
KKR reported net unrealized gains of $307.9 million in 2Q17, which is mainly due to strong performance in its Private Equity division.
While most eyes are glued to the expanding tech sector, Tracey Ryniec, a stock strategist at Zacks investment research firm, is taking a discreet peak at the all-but-forgotten dining stocks. Latest Ratings for DPZ DateFirmActionFromTo Jul...
In 2Q17, alternative asset managers Carlyle Group (CG) and KKR & Co. (KKR) reported earnings per share of $0.59 and $0.89, respectively. These results beat Wall Street analysts' earnings estimates.