PIC raises deal stake to $81m
Public Investment Corporation (PIC) has bought a stake in a South Africa-based company that is focused on the diversified industrial holdings space – raising...
SA player’s LP lead resigns after $1bn revenues
A South Africa-based investor has seen the resignation of its investments head after 18 years at the firm. His leadership, which included overseeing LP...
Eleven pensions gives 2 allocators new global mandate
Eleven UK local government pension schemes have appointed two funds-of-funds (FoFs) as their private equity allocators, with a new mandate requiring global diversification. This...
Alterra Capital gets BII fund commitment (Updated)
Alterra Capital Partners has received a $20 million commitment from the British International Investment (BII), with the capital going into its maiden Africa-focused fund.
The...
SA fund manager buys schools
A South Africa-based fund manager has signed a deal to back a South Africa-based education services company that operates five schools.
Old Mutual Alternative Investments...
African SWF backs new fund
An African Sovereign Wealth Fund (SWF) has committed to backing a new fund designed to support infrastructure and renewable energy projects across the continent.
A...