Citadel Capital Named Top African Private Equity Firm—Again

Citadel Capital, the leading private equity firm in the Middle East and North Africa with US$ 8.3 billion in investments under control, was named African Banker’s Best Private Equity Fund of the Year at a gala dinner held on October 6, 2009, at the Four Seasons Hotel in Istanbul, Turkey. A total of 14 awards were presented during the ceremony.

Citadel Capital Hires a General Manager for its East Africa Expansion

Citadel Capital, the leading private equity firm in the Middle East and North Africa with US$ 8.3 billion in investments under control, today announced that it has hired Hassan Massoud to head the firm’s East African office as it pursues growth opportunities across the Horn of Africa.

Signs of life seen in Africa private equity funds

The six-month upturn in global markets has re-ignited interest in one of the final frontiers of emerging markets -- private equity investment in Africa -- and underlines a substantial bounceback in investors' risk appetite.

Venture capitalists buy into Twitter ‘for 100m’

Twitter, the social networking site used by everyone from Oprah Winfrey to British royalty, was said at the weekend to have received venture financing that values the company at about 1bn. Twitter received 100m in the deal, according to two people at the weekend who wanted to remain anonymous because terms of the agreement are private. [...]

Private equity may be on cusp of “golden age”

The near collapse of the global financial system, which wiped out trillions in corporate value and personal savings, may be giving way to a new "golden age" for private equity investment, Silver Lake Co-CEO Glenn Hutchins said in an interview on Tuesday.

Special Features

Special Reports

• Using a comprehensive database of European firms, we study how private equity affects the rate of firm entry. We find that private equity investment benefits new business incorporation, especially in industries with naturally higher entry rates and R&D intensity. A two standard deviation increase in private equity investment explains as much as 5.5% of the variation in entry between high-entry and low-entry industries. We address endogeneity by exploiting data on laws that regulate private equity investments by pension funds. Our results hold when we correct for barriers to entry,general access to credit, protection of intellectual property, and labor regulations. Click here to read the full paper #
• There has certainly been no shortage of news in 2008 and the first part of 2009, both about the telecoms sector and the state of the world’s economy. And here at Delta Partners, we feel that this year it is finally going to be different for the South African telecoms industry. “There is a confluence of factors in 2009, which is set to turn the industry around - allowing for a ‘new breed’ of operators to emerge,” states Josep Moya, partner of Delta Partners. Click here to read the white paper #
• Private equity financing is undertaken for various reasons: from increasing the working capital base to restructuring the ownership and management of a business. In line with financial globalisation over the past few decades, the private equity industry has grown significantly both in value and geographic extension. This has raised concerns about the global impact of private equity and underlined the need to understand it well. With private equity funds increasingly flowing between developed and developing economies, important questions have emerged on the measurement and impact of private equity on employment, corporate strategy, financial markets and the macroeconomy in general. Measuring the economic impact of private equity funds #
• Guide to private equity This report is produced by The BVCA that represents private equity and venture capital in the UK. It may be closely related to private equity of Africa. Click here to view the report #