Citadel Capital, a private equity firm in the Mena region, has acquired a controlling stake in two firms in the solid waste management sector. The Egyptian Company for Solid Waste Recycling (Ecaru) and the Engineering Tasks Group (Entag) are managed as one firm and will be grouped under a single

Butterfield Fulcrum, an independent alternative fund administration company, has partnered with MindTree, a global IT solutions company, to deliver technology solutions for the alternative fund administration industry. Butterfield Fulcrum has deployed technology to provide greater flexibility, transparency and control to its customers who include hedge funds, fund of funds, managed

HarbourVest Global Private Equity, a closed-end investment company listed on Euronext Amsterdam, had an estimated net asset value of USD656.4m, or USD7.91 per share, as at 31 October 2009.  This represents a 0.6 per cent increase from the 31 July 2009 unaudited NAV of USD652.0m, or USD7.86 per share. Between

Private equity firm Global Environment Fund has completed an investment of USD46.3m in Greenko, which is based in Hyderabad, India. Greenko is one of India’s largest independent power producers focused exclusively on renewable energy generation through the development, acquisition, construction, and operation of run-of-river hydro and biomass-fired plants. GEF is

Dubai-based private equity firm Abraaj Capital Group has agreed to acquire Amman-based Riyada Ventures as part of a major push by Abraaj into the small and medium enterprise space. Riyada Ventures, whose track record encompasses more than 25 regional and international venture capital transactions, also operates an office in Cairo.

Gozour, Citadel Capital’s multi-category consumer foods platform, has announced that its confectionary brand subsidiary, Rashidi El-Mizan, has just finalised a deal to acquire 75 per cent of Al-Musharraf, one of Sudan’s largest producers of halawa, biscuits and flour, for an enterprise value of USD19m. The acquisition will give Gozour exposure

CAES Development, a portfolio company of Haddington Venture’s managed funds, has sold to the rights to the Norton Energy Storage Project, a compressed air energy storage facility under development in Norton, Ohio, to FirstEnergy Generation. "We are very pleased to have reached an agreement with FirstEnergy for their acquisition of

Brynwood Partners VI has completed its first investment by acquiring Balance Bar from Kraft Foods. Terms of the transaction were not disclosed. Balance Bar competes in the nutrition and energy bar segment. Brynwood Partners has an investment track record in the food industry having managed prior investments in Lincoln Snacks,