Sunday, 3 May 2015
Last updated 2 days ago
Jun 30 2014 | 9:37am ET
Private bank Edmond de Rothschild has raised US$530 million for its first fund focused on Africa, one that it launched in conjunction with the Carlyle Group.
The new fund, which will take minority stakes in small- and mid-sized African companies, is run by Amethis Finance, which itself is owned by Edmond de Rothschild. The Financial Times first reported the fundraising.
Rothschild is working with Carlyle and Dubai-based private-equity firm Abraaj Group on the Africa fund.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…