Institutional investors increasingly believe that emerging markets are attractive for private equity investment, both on a standalone basis and relative to more developed markets, according to the latest EMPEA/Coller Capital emerging markets private equity survey. Over half (57 per cent) of limited partners who currently invest in emerging markets private

Infinity Venture Capital Fund, an Israel-based venture capital fund, has entered into an agreement to sell its stake in Teledata Networks, a Netherlands-based provider of access network solutions and products for telecom service providers, to Enablence Technologies. Elron Electronic Industries and Kardan Israel are also selling their stake in Teledata

Appleby, a provider of offshore legal, fiduciary and administration services, is opening its office in Guernsey today. The group will now have 81 partners, 215 lawyers and over 800 staff worldwide. The new office will practise Guernsey law with a focus on corporate and commercial law, private client and trust

A subsidiary of Citigroup has sold 16.4 million shares of Primerica common stock to private equity funds managed by Warburg Pincus for USD230m. The transaction included warrants that will allow the Warburg Pincus funds to acquire approximately 4.1 million additional shares of Primerica common stock over a period of seven

The US venture financing industry raised USD4.7bn for 597 deals in the first quarter of 2010, up 12 per cent from the same period last year, according to Dow Jones VentureSource. The median deal size was USD4.5m in the first quarter of 2010, down from the USD5m seen in the

The Riverstone/Carlyle Global Energy and Power Funds, a group of energy-focused private equity funds managed by Riverstone Holdings, will make an investment in Three Rivers Operating Company, a private upstream oil and gas company based in Austin, Texas. Separately, Three Rivers will acquire certain assets of Chesapeake Energy Corporation. The

Austin-based Spredfast, an enterprise-class social media management system, has received USD1.6m in series A funding from Austin Ventures.   This initial round of funding will help accelerate Spredfast’s business development and increase brand awareness in the social media management market. “After garnering quite a bit of buzz in 2010, culminating

Transaction volume in the global asset management industry in the first quarter of 2010 declined significantly from 2009, but according to Jefferies’ financial institutions group M&A involving managers of alternative strategies and independent firms is on the rise. A record level of over 50 per cent of Q1 2010 global

Private equity investments in India in quarter one 2010 climbed to the highest level in six quarters as a rally in equities helped stoke a revival in appetite of investors, according to a report by Arc Financial Services. The quarter saw 69 deals bringing in USD2.2bn. The key trend on

Citadel Capital, the Cairo based private equity firm, sees immense potential in Saudi Arabia as the world’s largest oil producer builds a broad based economy and continues to liberalise and modernise its business climate. The private equity firm, which controls investments of USD8.3bn in 15 industries spanning 14 countries, is