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Prior to joining Wellspring, Bues was Head of Business Development for Balance Point Capital, a private equity fund based in Westport, Connecticut.
Private equity funds raise money from wealthy individuals and institutions to buy and sell businesses.
ADB invests $50 million in private equity fund focused on services !-- -- Czeriza Valencia (The Philippine Star) - October 4, 2018 - 12:00am MANILA, Philippines The Asian Development Bank (ADB) is investing $50 million in a private equity fund focused on service-oriented companies in several Asian countries including the Philippines.
Speaking to reporters at a seminar on Wednesday called 'Raising Money from Private Equity Funds', CEO Hong Sok Hour said there are more investment funds available for Cambodian entrepreneurs and they should take advantage of the funds in order to expand their businesses.
Abu Dhabi Securities Exchange-listed, Waha Capital announced its plan to raise a new private equity fund late last year and has since announced out investors.
However, Pakistan-based private equity funds are far away from playing their due role of supporting and growing companies in different sectors of the national economy due to a tight regulatory regime.
It was blamed on strict regulations of State Bank of Pakistan (SBP) and SECP which prevent local and foreign investors from pooling into private equity funds, they said.
This transaction is Blackstone's second investment as part of its core private equity strategy, which is specifically designed to hold private equity investments in exceptionally high-quality companies for longer periods of time than traditional private equity funds.
Jacobs, a senior hedge and private equity fund executive, and former corporate lawyer for three Am Law 100 law firms, has joined the firm as partner and co-chair of the firm's Corporate Department.
Despite these limitations, private equity funds as an asset class have had double-digit gains for years.
KUWAIT CITY: Global Investment House (Global) announced that Global Buyout Fund, one of the five private equity funds managed by Global's alternatives asset management team has distributed $15 million to its investors.

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