Friday, 29 May 2015
Last updated 1 hour 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…