"Cairo-Based Citadel Sets Up Investment Funds" (Middle East)
Reuters (10/28/09)

Cairo-based private equity firm Citadel Capital has set up at least two new funds targeting investments in the Middle East and East Africa. The firm expects the funds to be formally announced in the next two months.

"PE Group Takes Javer Control" (Latin America and the Caribbean)
Latin Finance (10/09)

Private equity firms Southern Cross Group and Evercore Mexico Capital Partners have jointly acquired a 60 percent stake in Mexican homebuilder Servicios Corporativos Javer. The value of the transaction was not disclosed.

"EVI Capital Partners Launches Two US$400 Million Funds for MENA Investments" (Africa)
AltAssets.com (11/02/09)

South Africa-based private equity firm EVI Capital Partners has launched a buy-out fund and a mezzanine fund for investments in Sub-Saharan Africa, North Africa, and the Middle East. Both funds are targeting commitments totaling US$400 million.

"Affinity Equity's China Buy-Out" (Asia)
Financial Times (10/29/09)

Asia-focused private equity firm Affinity Equity Partners is acquiring a 94 percent stake in Beijing Leader & Harvest Electric Technologies, China's leading supplier of devices that improve the energy efficiency of electric motors. The deal is valued at approximately US$200 million and to date represents the largest buy-out in China where the acquirer is a single overseas private equity firm.

"Kazakhstani PE firm to Launch Distressed Fund With EBRD" (Central and Eastern Europe and the Commonwealth of Independent States)
AltAssets.com (10/23/09)

Kazakhstani private equity firm Kazyna Capital Management and the European Bank for Reconstruction and Development (EBRD) are planning on launching a joint private equity fund that will invest in distressed companies, primarily in Kazakhstan. The fund is targeting commitments totaling US$300 million.

"EQT Buys Three Companies" (Central and Eastern Europe and the Commonwealth of Independent States)
Polish News Bulletin (10/29/09)

Sweden-based private equity firm EQT Partners has acquired a 100 percent stake in Bulgarian cable television and internet services provider Eurocom and a 70 percent stake in its rival, CableTel, for a total of approximately US$300 million. EQT intends to merge the two companies following the acquisitions. The firm has also reached an agreement to acquire Polish medical device company HTL-Strefa in a deal valued at US$310 million.

"Harbinger Capital Invests US$47 Million in African Healthcare Company" (Africa)
AltAssets.com (10/30/09)

U.S.-based private equity firm Harbinger Capital Partners is investing US$47 million in African Medical Investment, a U.K.-listed provider of private hospitals and clinics in Africa. The investment will give Harbinger a 38.4 percent stake in the company.

"Citi, Sequoia & Bessemer Invest US$100 Million in Ind-Barath" (Asia)
Economic Times of India (10/28/09)

Private equity firms Citi Ventures, Sequoia Capital and Bessemer Venture Partners have acquired an 18 percent stake in Indian power generation company Ind-Barath Power Infra. The deal is valued at approximately US$100 million.

"Quilvest Brews Real Estate Debut Through US$250m FoF" (Latin America and the Caribbean)
Private Equity Real Estate (10/28/09)

Quilvest, the investment institution of Argentina's Bemberg brewing family, has raised US$185 million for a global real estate fund of funds (FoF). The FoF, which is targeting commitments totaling US$250 million, has already committed US$10 million to a Brazil-focused fund and plans to make commitments to other funds targeting investments in Asia, Europe, Latin America and the United States.

"ICICI Venture Achieves First Close of US$250M for New Fund" (Asia)
VC Circle (10/27/09)

ICICI Venture Funds Management, the private equity arm of India’s ICICI Bank, has completed the first close of its latest fund, India Advantage Fund Series 3, at US$250 million. The fund is targeting commitments totaling up to US$800 million.

"Baring Private Equity Buys 16.5 Percent Stake In Hsu Fu Chi" (Asia)
Dow Jones Newswires (10/29/09)

Baring Private Equity Asia has acquired a 16.5 percent stake in Hsu Fu Chi International, a Singapore-listed confectionary maker. The deal is valued at approximately US$135 million.

"Horizon Capital Sells Stake in MTV Ukraine" (Central and Eastern Europe and the Commonwealth of Independent States)
Economic News (10/27/09)

Private equity firm Horizon Capital has sold a controlling stake in Music Television, the owner of the MTV Ukraine television channel, to the Inter Media Group. The sale, the value of which was not disclosed, was made through Horizon's Emerging Europe Growth Fund.

"Aureos Exits Stake in Sri Lankan Software Company" (Asia)
AltAssets.com (10/28/09)

Private equity firm Aureos Capital has sold its 13 percent stake in Sri Lankan trading software company MillenniumIT to the London Stock Exchange Group. The deal is valued at approximately US$30 million.

"Dubai's Abraaj Capital Lines Up US$2 Billion Private Equity Fund" (Middle East)
AltAssets.com (10/27/09)

Dubai-based private equity firm Abraaj Capital is setting up a new fund that will target more than US$2 billion in commitments, primarily from core regional investors. The firm has recently expressed interest in investment opportunities in countries such as Turkey, Saudi Arabia and Egypt.