Paladin, Abu Dhabi's Invest AD to launch $100 mln MENA fund

Paladin Capital Group, a U. S. firm, and Abu Dhabi's Invest AD, plan to launch a $100-million private equity fund to invest in companies in fast-growing economies in the Middle East, North Africa and Turkey, the two companies said on Monday.


Middle East investors slowly wake up to Africa

Flush with cash from oil and stuck with few options for growth in developed markets, Middle East investors are increasingly looking to nearby Africa.

American Airlines to explore merger options

AMR Corp, parent of American Airlines, bowed to pressure on Friday from its unsecured creditors, including its largest labor unions, and said it would explore merger options while it is still in bankruptcy.

Viddy gets $30 mln funding, aims to stand out from competition

Viddy, the popular mobile video start-up, announced on Friday it has raised a hefty $30 million from institutional investors to bolster its expansion efforts in the face of stiff competition from Socialcam, a similar video-sharing service.


Latest News

A workshop for small businesses in the U.S. Gulf region organized by the Overseas Private Investment Corporation (OPIC) drew dozens of small business owners from across the region.
Lovell Minnick Partners is pleased to announce the acquisition of a majority interest in Commercial Credit Group Inc.
StartFast Venture Accelerator announced 9 startups participating in its 2012 program selected from over 300 from around the world.
Dan Carroll Invests $2.5 Million in Sonoma County, California Based Wine Company, H.D.D. LLC (Hambrecht, Hurst, Dolan & Dolan)
The Tapjoy Asia Fund offers development, funding, marketing, and distribution services to select developers throughout Asia
CAVU Resources, Inc. has closed on a joint venture agreement and has acquired 40% of the newly formed company called CAVU Global Energy, LLC, ("CAVU Global").
Private equity investor Warburg Pincus LLC is in advanced talks to buy a majority stake in Indian financial services company Future Capital Holdings Ltd from its founders, the Economic Times reported on Friday.
Box, one of the top prospects in Silicon Valley's pipeline following Facebook's imminent IPO, has added three leadership positions as the company enters a critical expansion phase ahead of a public offering targeted for mid- to late-2013.
Gloria Mamba has joined the firm as a Managing Director based in the firm’s Johannesburg, South Africa office.
MicroVision, Inc. (NASDAQ:MVIS) today announced that private investors have agreed to invest approximately $5 million in the company. The deal is expected to be completed by May 29, 2012.