Nigeria-based Henshaw Capital Partners Founder and Chief Executive Officer Barbara James said Nigeria could build a USD 20 billion private equity industry by 2020.
Industry
Infrastructure provides opportunities for private equity, hedge funds- report
A CNBC report said the infrastructure industry, including power plants, ports and pipes, has given private equity companies and hedge fund firms opportunities for investment.
Tightfisted banks push loan-seekers toward peer-to-peer lenders
While banks received USD2.3 billion in quantitative easing, they haven't been lending to small businesses and consumers and have pushed then to peer-to-peer lenders.
Relaxed JOBS Act still hinders startups to raise funds via social media
Additional requirements on the amended Jumpstart Our Business Startups Act (JOBS) of 2012 would still hinder entrepreneurs and companies to secure funding via social media sites like Facebook and Twitter.
Private equity firms investing in India seek government action on alleged fraud with portfolio firms
Many local and foreign private equity firms have been seeking the government of India to conduct investigations on alleged fraud and poor corporate standards of some portfolio companies.
Latest News
A Wall Street Journal report said big banks were thinking of blocking traders from chat rooms as regulators intensify probes on market manipulation and collusion
Germany's coalition government formalized a measure to provide funds and expertise for a European bank to manage the loan agreements and if necessitated, closure of banks.
New broadcasting firm BT acquired exclusive rights to broadcast UEFA football games. BT had scored a coup in the multibillion pound sports broadcasting market.
Since the Facebook bungle, Nasdaq had been hard pressed to recover to list more tech IPO stocks in its fold.
Market acceptance at an IPO lull period is the message Twitter sent to all fellow start ups. The initial public offer of Twitter had sent a powerful signal to technology executives reviewing market floats of Silicon Valley startups.
A diplomatic stand off between Australia and Indonesia was averted when the Australian Immigration Minister had ordered the boat people be brought to Christmas Island.
Employment, salaries, automotive and other industries grow after the sixteen day US government furlough.
According to Global Finance, the National Bank of Abu Dhabi is acclaimed as the world's safest bank.
Typhoon Yolanda (International Name: Haiyan) devastated several provinces over the weekend as it cut across the Philippines packing gust winds of 275 kph.
