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News From EMPEA EMPEA invites NewsWatch readers to participate in LP Interest in Emerging Markets Private Equity Survey... EMPEA and Norton Rose announce Role of Sovereign Wealth Funds in Private Equity Survey... Industry News "Capital International Buys 10 Percent of Unimilk for US$150 million" (Central and Eastern Europe and Russia) "Mekong Capital Invests US$14 Million in INTRESCO" (Asia) "Aureos Buys Stake in Local IT Firm Sandbox" (Africa) "Advent Close to Selling NBC to Gilinski" (Latin America and the Caribbean) "Baring Asia Pumps US$95 Million in Green Fuel" (Asia) "Aureos Capital Invests in Thai Engineering Co." (Asia) "Czech Group Penta to Pay US$200 Million for Russian Retail Chain" (Central and Eastern Europe and Russia) "GroFin Unveils Africa-Focused Private Equity Fund" (Africa) "Amwal al-Khaleej to Open Third Fund" (Middle East) "Centum Buys 35 Percent in Longhorn" (Africa) "Czech Energy Holding Sold to Czech/Slovak J&T Group" (Central and Eastern Europe and Russia) "DIC Plans US$500 Million Saudi Private Equity Fund" (Middle East)
News From EMPEA
EMPEA invites NewsWatch readers to participate in LP Interest in Emerging Markets Private Equity Survey... EMPEA's 2008 Survey of LP Interest in Emerging Markets Private Equity measures year-over-year changes in LP appetites for the asset class, including geographic allocation strategies, returns expectations, and drivers of interest. Last year's results are available at: www.empea.net/research/EMPEA_LPSurveyExecSum_2007.pdf To participate in the 2008 LP Survey please visit www.surveymonkey.com/s.aspx?sm=IQ8fnrIBdVu01sRgWjNKIA_3d_3d Results will be available later this spring. Web Link | Return to Headlines EMPEA and Norton Rose announce Role of Sovereign Wealth Funds in Private Equity Survey... EMPEA and Norton Rose LLP are conducting a survey on the views of GPs and LPs regarding the evolving Role of Sovereign Wealth Funds in Private Equity. To participate in this survey please visit: response.questback.com/nortonrosellp/sovereignwealthfunds/ Results will be available later this spring. Web Link | Return to Headlines
Industry News "Capital International Buys 10 Percent of Unimilk for US$150 million" (Central and Eastern Europe and Russia) Prime-Tass Business Newswire (03/12/08) U.S.-based private equity firm Capital International has acquired a 10 percent stake in Russia's second largest diary producer, Unimilk, for about US$150 million. The acquisition was made through Capital International Global Emerging Markets Private Equity Fund III. Unimilk operates 29 dairies in Russia and two in Ukraine. Return to Headlines "Mekong Capital Invests US$14 Million in INTRESCO" (Asia) Asia Private Equity Review (03/10/08) Mekong Capital has invested US$14 million in Investment and Trading of Real Estate Joint Stock Company (INTRESCO) of Vietnam, a developer and seller of residential properties. The investment was made through the US$100 million Vietnam Azalea Fund. Return to Headlines "Aureos Buys Stake in Local IT Firm Sandbox" (Africa) MyADSL (South Africa) (02/12/08) Stones, Lesley Aureos Capital has acquired 30.4 percent of South African technology integration company Sandbox Holdings for about US$4.1 million. The acquisition was made through the US$50 million Aureos Southern African Fund. Return to Headlines "Advent Close to Selling NBC to Gilinski" (Latin America and the Caribbean) Business News Americas (03/14/08) Porter, Jorge Private equity firm Advent International is reportedly close to finalizing a deal to sell Nuevo Banco Comercial (NBC) of Uruguay to the Gilinski group of Colombia for up to US$300 million. Advent led a consortium that acquired NBC for US$167 million in September 2005. NBC is Uruguay's second largest private sector bank. The Gilinski group currently owns ATM network Servibanca in Colombia. Return to Headlines "Baring Asia Pumps US$95 Million in Green Fuel" (Asia) Financial Standard (03/11/2008) Baltazar, Michelle Baring Private Equity Asia has invested US$95 million in alternative energy investment company China CBM Investment Holdings Limited (CCBM). The investment is the private equity firm's first in China's clean energy sector. The firm has US$2.7 billion in funds under management. Return to Headlines "Aureos Capital Invests in Thai Engineering Co." (Asia) Asia Private Equity Review (03/10/08) Aureos Capital has invested US$3.7 million in Eurotech Engineering International, a steel fabrication shop based in Thailand. The investment was made through the US$91 million Aureos South East Asia Fund. Return to Headlines "Czech Group Penta to Pay US$200 Million for Russian Retail Chain" (Central and Eastern Europe and Russia) CNNMoney (03/17/08) Czech private equity firm Penta Investments will acquire Russian supermarket chain Semya for US$200 million. Penta acquired Polish convenience store chain Zabka last May for US$130.5 million from joint owners AIG Global Investment Group and Switalski Synowie. Return to Headlines "GroFin Unveils Africa-Focused Private Equity Fund" (Africa) FINalternatives.com (03/11/08) South Africa-based GroFin Capital is raising a fund that will invest in small and midsize companies in sub-Saharan Africa. The GroFin Africa Fund aims to raise between US$130 million and US$150 million and will look to invest in upwards of 500 companies. Return to Headlines "Amwal al-Khaleej to Open Third Fund" (Middle East) Middle East Business Intelligence (03/08) Saudi Arabia-based private equity firm Amwal al-Khaleej is planning to launch its third fund, with the goal of raising US$500 million in committed capital. If the goal is achieved, it will bring the total worth of funds under Amwal's management to US$1 billion. Amwal's first fund, launched in 2005, has invested in UAE jewelry retailer Damas, Lebanon's Bank Audi, and Saudi Arabia's Al-Tayyar Group. Its second fund acquired a 9 percent sake in Saudi Arabian cosmetics company Zohoor al-Reef in February and a 57 percent stake in Egyptian auto finance company Contact Car Trading for US$22 million in January. Return to Headlines "Centum Buys 35 Percent in Longhorn" (Africa) Business Daily Africa (03/12/08) Omondi, Michael Kenya-based Centum Investment, formerly ICDC Investment Company, has acquired a 35 percent stake in publishing firm Longhorn Kenya for about US$3.7 million. Centum's other local investments include Kenya Wine Agencies, Kenya Commercial Bank, and Kenya Airways. Return to Headlines "Czech Energy Holding Sold to Czech/Slovak J&T Group" (Central and Eastern Europe and Russia) Czech Republic Business Newswire (03/07/08) J&T Private Equity, a unit of Czech/Slovak financial group J&T, has acquired Czech Energy Holding (CEH) from sole owner Patrik Tkac, who also co-owns J&T. CEH operates a heating and power plant in North Bohemia. J&T plans to consolidate all of its energy assets into a special holding company. Return to Headlines "DIC Plans US$500 Million Saudi Private Equity Fund" (Middle East) ArabianBusiness.com (03/03/08) Dubai International Capital (DIC) plans to launch a US$500 million private equity fund dedicated to investments in Saudi Arabia. Saudi Dubai Capital Fund would replicate the structure of Jordan Dubai Capital Fund, established by DIC in 2005 with US$300 million in committed capital. Return to Headlines Abstract News © Copyright 2008 INFORMATION, INC. 
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19 March 2008
Emerging Markets Private Equity NewsWatch provides a selection of noteworthy articles pertaining to private equity investing in emerging markets and is distributed weekly to a wide audience. The Emerging Markets Private Equity NewsWatch is a publication of the Emerging Markets Private Equity Association. For more information on EMPEA and advertising inquiries, please contact: Emerging Markets Private Equity Association  |