Friday, 31 July 2015
Last updated 10 hours 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.
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…