MENA-focused venture capital fund manager Wamda Capital has led a Series A financing round totaling USD7.5 million for UAE-based eyewear e-commerce retailer eyewa. Other participants in the round include GS Shop, Equitrust, 500 Startups, and Faith Capital. eyewa, which sells contact lenses, sunglasses, and prescription glasses in the UAE and… Read More
Network International, a UAE-based payment solutions provider backed by global private equity fund managers Warburg Pincus and General Atlantic, has completed its initial public offering (IPO) on the London Stock Exchange. The offering consisted of 250 million shares sold by Emirates Bank, Warburg, and General Atlantic at a price of… Read More
EMPEA Members, log in and click through for your exclusive access to the detailed report and underlying data. Managers deployed USD516 million in the Middle East in 2018, representing a 102% year-over-year increase. Deal count in the region also improved slightly, rising from 24 deals in 2017 to 26 in… Read More
EMPEA Members, log in and click through for your exclusive access to the detailed report and underlying data. As Indian private capital fundraising increased by 23%, year over year, in 2018, investment reached USD13 billion, the highest total recorded by EMPEA. Homegrown GPs have driven the growth of the local fund… Read More
The EMPEA Data Insights are quarterly updates of high-level trends and notable developments in all major emerging market regions plus Brazil, China, and India. The Data Insights offer unique access to EMPEA’s statistics at the regional and country level and provide detailed analytics of fundraising trends and deal flow. EMPEA… Read More
EMPEA Members log in to receive exclusive access to the detailed report (PDF) and underlying data (Excel). EMPEA’s year-end 2018 Industry Statistics reveal unprecedented levels of global investor interest in Emerging Asia, as well as a recovery in capital raised for private capital opportunities in Latin America and… Read More
GCC-focused alternative asset manager Alkhabeer Capital has completed three investments in the Middle Eastern education sector, acquiring 100 percent stakes in UAE-based Capital School and Saudi Arabia-based Azezeyah, as well as a 90 percent stake in Saudi Arabia-based Tanmiyah Company. The three companies operate schools with a combined capacity of… Read More
Middle East-focused alternative asset manager Gulf Capital has exited its investment in Amana Healthcare, a U.A.E.-based provider of long-term care, medical rehabilitation and specialized home health care services, through the sale of a majority stake in the business to a strategic health care buyer. Gulf originally invested US$25 million in… Read More
EMPEA Members, log in and click through for your exclusive access to the detailed report and underlying data. Through the first three quarters of 2018, only one Middle East-focused fund completed a close, with Foursan Group reach-ing a first close of US$82 million for its second fund in June. Notably, the… Read More
In 1H 2018 India focused funds saw a hectic fundraising and investment levels that was 44% higher than 1H 2017.1 Several topics came to the fore as fund managers raised their subsequent funds. India continues to be a significant recipient of DFI allocation. With one or more DFIs or sovereign… Read More
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