Nicholas Pettifer
Staff writer
This is an extract from the forthcoming IFLR Private Equity and Venture Capital Review. A new supplement by IFLR, it will present all the most crucial information for private equity lawyers and practitioners around the world. For more detail, please see the box below
With large Middle East private equity houses such as Delta (Two), Dubai International Capital and Istithmar making waves in the west, it is only a matter of time before more regional outfits attempt to do the same.
Admittedly, none of the regional players is actively seeking targets outside of the GCC at present. It seems they are satisfied with competing locally and the market is thriving as a result. For example, in June this year Abraaj Capital bought Egyptian Fertilizers Company for $1.41 billion in a deal that was executed on the Cairo and Alexandria Stock Exchanges. This was the largest private equity...