Andy Thomson
Citadel Capital has become a significant shareholder in Rift Valley Railways, which holds a concession to run a railway line between Kenya and Uganda.
Ahmed Heikal, founder of the Cairo-based private equity firm, has issued bullish predictions about the improvements Citadel can make to the railway. A regulatory commission is deciding whether to give Citadel majority ownership of the line and a decision could come as early as next week.
Richard Wilson has a lot on his plate as he prepares to negotiate for regulation the European private equity industry can live with.
Chinese authorities are understood to have approved new legislation that will make it much more attractive for foreign GPs to launch RMB funds in Shanghai’s Pudong district.
The listed Permira investor is upbeat about its prospects, despite half-year results detailing a 5% drop in portfolio value and the unlikelihood of many distributions in the next 18 months.
Industry groups and experts continue to speak out against the European Commission's proposed alternative investment directive, arguing it would place an unfair burden on Europe’s private equity industry.
Electra Partners has raised £100m to deploy alongside the capital of its main client, Electra Private Equity plc, as the latter returns to fully-blown private equity investment.