Friday, 26 December 2014
Last updated 1 day ago
Jun 3 2008 | 2:00am ET
An Egyptian private equity shop is planning a US$500 million fund for Middle Eastern investments.
Citadel Capital, unrelated to the similarly-named Chicago alternative investments giant, specializes in buyout, turnaround and financial engineering investments in the Middle East and North Africa. The US$7 billion Cairo-based firm’s Citadel Capital Joint Investment Fund will invest in new projects, the Egyptian newspaper Al-Mal reports.
The new fund, backed by Citigroup as placement agent, is targeting institutional investors, both in Egypt and abroad.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.