Egypts parliament passes 11 billion sovereign wealth fund
Egypt is setting up a sovereign wealth fund with a capital of 200 billion Egyptian pounds ($11 billion), the state…
Hedge Funds & Alternative Investments
12529 articles found
"Natixis is entering Israel for the potential growth"
Natixis Investment Managers CEO Jean Raby: We regard Israel as a completely European market. The continual increase in the…
Abraaj liquidator said to prefer Cerberus bid over rival Colony
Abraaj Group’s provisional liquidator prefers a lower offer from Cerberus Capital Management for assets of the embattled Dubai-based private equity…
Evli pushes distribution to Middle East
Evli Fund Management Company Ltd has expanded its distribution of fund products to the Middle East. To promote and…
Abraaj posts $188 million loss after using investor funds, says PwC
PricewaterhouseCoopers and Deloitte were hired as the provisional liquidators of Abraaj. Abraaj Holdings had an “unusual” business model reliant on…
UAE's Mubadala said to be in talks with potential Cepsa bidders
Mubadala Investment Co is holding talks with potential bidders for its Spanish oil company Cepsa Trading as it weighs alternatives…
Saudi representatives meet Taiwan bond investors in non-deal roadshow: sources
Saudi Arabian government representatives were in Taiwan last week to meet bond investors in a so-called "non-deal roadshow", sources familiar…
String of UAE firms disclose exposure to Abraaj Group
First Abu Dhabi Bank, the UAE's largest lender, as well as conglomerate Al Qudra Holding and venture capital firm Waha…
Waha Capital plans to hire for new fund targeting US and Europe
Abu Dhabi investment firm Waha Capital plans to hire more people as it seeks to start new funds, one of…
Benson Oak Sets Up Dedicated Investment Fund for Israeli Market
Prague-headquartered investment banking firm Benson Oak is setting up a dedicated investment fund for the Israeli market, the firm announced…
Gulf sovereign wealth funds pledge to fight climate change
Six sovereign wealth funds including four Gulf states have pledged to boost efforts to fight climate change at a Paris…
Dubai's Emirates NBD raised around $52mln for Saudi equity fund: officials
Emirates NBD, Dubai’s largest lender, is planning to focus on exploring equity investments in Saudi Arabia and Egypt between now…