Does Law Matter? Although that may be an odd question for a practicing lawyer to pose, it is a central question for legal academics and policy-makers – in all countries, and across all fields of activity. How does any particular law affect the way people behave? Is it a force for good, or does… Read More
The Cayman Islands has long had a robust anti-money laundering and combatting of terrorist financing regime (the AML Regime) aimed at ensuring that Cayman Islands financial service providers adopt appropriate procedures to safeguard against the commission of money laundering and/or terrorist financing offences. This article explores a number of significant changes to the regulatory framework… Read More
Download Private Equity’s Role in Delivering the SDGs: Current Approaches and Good Practice Executive Summary The U.N. Sustainable Development Goals (SDGs or Global Goals) provide a global framework for addressing the most urgent global social and environmental challenges. They set out a pathway to inclusive growth and represent a… Read More
Middle East Venture Partners (MEVP) has invested in Bahrain-based real-time restaurant reservation platform Eat. The company offers restaurants an online reservation and table management system that enables users to reserve tables online. Financial details of the transaction were not disclosed. Read More
The United States Agency for International Development (USAID) has identified and championed a pressing issue that is, at once, a major public policy imperative and a crucial concern for the international investment community: how to mobilize greater flows of private equity (PE) capital for private sector development in emerging markets… Read More
Middle East- and Africa-focused alternative investment firm Gulf Capital has acquired a stake in Saudi Arabia-based electronic payment solutions provider Geidea for a total transaction value exceeding SAR1 billion (approximately US$266 million). Geidea has branches in Jeddah, Dammam, Abha and Tabouk, as well as 35 maintenance centers across the country… Read More
Key findings from the 2018 Global Limited Partners Survey include: A higher proportion of respondents* plans to increase the dollar value of their commitments to EM PE than in any edition of the survey since 2014, suggesting cautious optimism may be in order for EM-focused fund managers. Read More
Vivo Energy, an Africa-focused retailer and marketer of Shell-branded fuels and lubricants, has raised GBP548 million (approximately US$744 million) through its initial public offering (IPO) on the London Stock Exchange. Vivo’s existing investors sold 332 million shares at GBP1.65 (approximately US$2.24) per share, valuing the company at GBP1.98 billion (approximately… Read More
By Hayley Brady, Senior Associate and Clare Hubert, Associate at Herbert Smith Freehills Introduction Booking your latest holiday? Ordering a pizza? Selecting your new sofa? The chances are you will be using an online platform. The growth of online platforms, as part of the on-demand economy, is on a constant… Read More
Abu Dhabi state investor Mubadala Investment Company and emerging markets-focused infrastructure fund manager Mubadala Infrastructure Partners (MIP) have exited their joint 50 percent stake in Abu Dhabi Terminals (ADT), a United Arab Emirates-based port operator. The stake was purchased by the remaining shareholder in the company, United Arab Emirates-based port… Read More
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