Thursday, 18 September 2014
Last updated 6 hours ago
Jun 27 2008 | 10:41am ET
The International Finance Corp., a member of the World Bank Group, is committing US$40 million to Aureos’ Pan Africa fund, a US$400 million private equity offering that will invest in medium-sized companies in Africa.
IFC is also making a $6 million loan to the management company.
Aureos, an emerging market shop, was established in 2001 as a joint venture between CDC Group, a U.K. government-owned fund of funds, and Norfund, the Norwegian Investment Fund for Developing Countries.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.