Audley Capital, as investment adviser to the activist Audley European Opportunities Fund, has increased its holding of shares in AIM-listed Sable Mining Africa, a resource company focused on mining assets in sub-Saharan Africa. Audley’s move, which takes its holding in Sable Mining to some 4.1 per cent or 38,280,000 shares,

Citadel Capital, a private equity firm in the Middle East and Africa, has reported a 7.1 per cent rise in total assets under management to USD4.0bn (EGP23bn) for the third quarter of 2010 as it recognised USD265.4m in new equity raised year-to-date. Third-party fee-earning AUM rose 6.0 per cent to

Suez Environnement is launching Blue Orange, an investment fund to accompany the commercial and industrial development of fledgling firms developing technologies in the environmental services sector, specifically water and waste management.  Jean-Louis Chaussade, Suez Environnement’s chief executive officer, says: "With this innovation investment fund, Suez Environnement is taking up interests

Burford Capital has raised USD175m (GBP110m) to create the world’s largest dispute financier. The Guernsey closed-ended investment company is publicly traded on the London Stock Exchange’s Alternative Investment Market following from its initial public offering in October 2009. The company has now announced a placing of approximately USD175m (GBP110m), consisting

The advisers to Polish businessman Zygmunt Solorz-Zak are talking to private equity firms over the possibility of a joint bid for telecommunications group Polkomtel worth some EUR4bn (USD5.3bn). According to the report by Reuters, Polkomtel shareholders – Polish metals miner KGHM Polska Miedz, crude oil refiner Polski Koncern Naftowy Orlen

The value of investment fund business in Guernsey grew by GBP18.9bn (8.4 per cent) during the third quarter of this year. The increase means that there have now been five consecutive quarters of growth and it has taken the net asset value of funds under management and administration in the

Actis, an emerging markets private equity investor, has acquired a minority stake in XP Investimentos, Brazil’s largest independent brokerage firm, through a capital injection of USD58m. Actis will work with XP to prepare it for an IPO. The transaction is subject to approval by the Brazilian Central Bank.   XP

Funds advised by Apax Partners have agreed to acquire a majority interest in Advantage Sales & Marketing, a North American sales and marketing agency, from J.W. Childs Associates and BAML Capital Partners (Merrill Lynch Global Private Equity).  Terms of the transaction were not disclosed. ASM, which provides outsourced sales, marketing