Dilasha Seth

2 months ago | htsyndication.com | Dilasha Seth

New Delhi, April 28 -- CDG Invest Growth, the private equity arm of Morocco's state-owned financial institution the Caisse de Depot et de Gestion (CDG), has committed capital to a medical devices company, marking its sixth bet from its latest fund. The Casablanca-headquartered PE firm has made a $15 million commitment to Dislog Dispositifs Medicaux (DDM), the medical devices arm of Dislog Group, the largest FMCG manufacturer and distributor in Morocco.

2 months ago | htsyndication.com | Dilasha Seth

New Delhi, April 15 -- Development Partners International (DPI), an Africa-focused private equity firm that manages assets and co-investments worth over $3 billion across three investment vehicles, has forayed into the venture capital asset class and taken over management of an Egyptian fintech fund. The new vertical, DPI Venture Capital, will target investments in early-stage, growth-oriented technology businesses across Africa, the PE firm said in a statement.

2 months ago | htsyndication.com | Dilasha Seth

New Delhi, April 14 -- Global private equity giant KKR is deepening its presence in the Middle East as it made key appointments to lead a dedicated investment team for the Gulf operations. The New York-listed PE firm, with a 16-year presence in the region, has elevated its partner and retired US Army General David Petraeus as chairman of its Middle East operations. It has also established a dedicated investment team in the region led by Julian Barratt-Due, a managing director at KKR.

2 months ago | htsyndication.com | Dilasha Seth

New Delhi, April 10 -- As global markets continue to grapple with economic volatility and geopolitical tensions, top executives at the Dubai International Financial Centre (DIFC) project strong growth for the financial hub in 2025. They expect to benefit from a global shift in private capital, wealth, and top-tier talent toward stable and well-regulated markets. DIFC, Dubai's independent financial free zone, currently houses over 6,900 active companies, including 75 hedge funds.

Mar 21, 2025 | htsyndication.com | Dilasha Seth

New Delhi, March 21 -- Dubai Future District Fund-backed payments infrastructure provider Nymcard led the funding activity in the Middle East and North Africa region this week, raising growth capital from new and existing investors. It was followed by PlaysOut, a UAE-based gametech platform, which raised a high-value seed round. Besides, the UAE-based fintech startup ClearGrid emerged from stealth after raising dual funding rounds led by notable venture capital funds in the region.