Public Investment Fund of Saudi Arabia anchored the vehicle with a long-term commitment of as much as $20bn
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CVC said to be close to $1bn deal for stake in GEMS Education
CVC Capital Partners deal would value GEMS Education at more than $4bn
African investment
Helios Investment is said to plan $1.25bn pan-Africa fund
Some flows to Africa may have been hampered by the collapse of Abraaj Group, once among the most influential emerging-market buyout firms
Blackstone Group
Dubai’s GEMS Education said to bid for top Saudi school chain
The GEMS Education deal for the largest owner and operator of private schools in the kingdom could be worth about $400m
Blackstone Group
Saudi-backed Blackstone fund said to seek minority stake in Carrix
Blackstone Infrastructure Partners was established under an agreement calling for Saudi Arabia’s Public Investment Fund to commit up to $20bn
Blackstone Group
GEMS Education investors said to be weighing stake sale
Fajr Capital Ltd, Bahrain’s sovereign wealth fund Mumtalakat Holding also considering selling some or all of their holding in the education provider in a deal that could value GEMS at about $4bn
Blackstone Group
Standard Life said in talks with Saudis over seeding local funds
The new funds would focus on bringing much needed foreign real estate and infrastructure investment into the kingdom
Blackstone Group
Saudi wealth fund continues its drive to become $2trn powerhouse
Tesla marks the latest high-profile investment for Saudi Arabia’s Public Investment Fund
Blackstone Group
UAE’s Mubadala said to be in talks with potential Cepsa bidders
Sources say investment firms may be interested in part or all of Spanish oil company
Blackstone
Blackstone said to raise $5bn for Saudi-backed infrastructure fund
Public Investment Fund of Saudi Arabia pledged as much as $20 billion, on the condition that every dollar would be matched against commitments from other investors
Blackstone Group
GEMS Education to freeze salary increases for teachers
The education provider has is also reportedly planning to delay an IPO after Dubai moved to cap school fees