#Private Equity
The meeting discussed the array of opportunities available for global investors and international companies within the UAE
The investment will initially focus on providing financing for technology and software companies
Transaction combines Subway’s global presence and brand strength with Roark’s deep expertise in restaurant and franchise businesses
The new investment manager aims to launch a series of multi-asset class funds to invest in private equity, venture capital, credit and public equities
The US-based firm has been investing in the region since 2015 and has deployed about $400m in companies such as Property Finder and Network International
The fund will mainly focus on buyouts of firms in or close to the region that spans the Chinese cities of Hong Kong and Macau
Breitling’s average selling price is now about $6,100, as the company uses more gold, precious stones and metals
As an asset class, private equity continues to perform robustly, with venture capital seeing a standout year on the back of enthusiasm for technology and healthcare
The new plan, developed with US-based consultancy Mercer, will start next year
PIFSS had a record investment profit of $7.3bn in the three months through June
Cash accounts for about 11.5 per cent of its investments, which the fund aims to cut to 4 per cent over the next seven months
Naqvi is one of six former Abraaj executives who face charges stemming from the private equity’s firm’s 2018 collapse
Abraaj Capital founder and group CEO, Arif Naqvi, tells Alicia Buller about his hopes for the private equity sector.