Africa private equity deals grow to
JOHANNESBURG, Feb 5 (Reuters) Private equity funds completed $1.16 billion worth of deals in sub Saharan Africa in 2012, a near 10 percent increase from the previous year, a survey showed on Tuesday.
Funds raised for Canada Goose Online the region also grew to $1.4 billion last year, from $1.3 billion the previous year, but Canada Goose Parka still far buy canada goose jacket below https://www.officialcanadagoosesoutlet.ca a Canada Goose Jackets 2008 peak, according to data from Canada Goose Outlet the Emerging Canada Goose sale Markets Private canadian goose jacket Equity Association.
Private equity investors are increasingly targeting sub uk canada goose Saharan Africa, cheap Canada Goose drawn by some of the fastest economic growth rates in the world and an expanding middle canada goose store class.
The region is projected to grow around 5 percent in 2013, according to the IMF. private equity firm Carlyle Group completed its canada goose clearance sale first African deal in November, paying $210 million for a stake in Tanzania based agribusiness Export canada goose uk shop Trading Group along with two other investors.
Last month, South Africa Ethos Private Equity said it had raised $800 million for a new fund, canada goose factory sale one of the largest amounts secured by an Africa focused fund.
This was rivalled only by uk canada goose outlet Helios Investment Partners which raised a canada goose clearance $900 million fund in 2011 after attracting more canada goose black friday sale than $1 billion in orders.
Private equity funds completed 61 deals in canada goose sub Saharan Africa in 2012, EMPEA said, the highest since 2008 when there buy canada goose jacket cheap were 50 deals.
Although the total capital invested in the region increased last year, it was less than half that of 2007, when private equity funds completed $3.4 cheap canada goose uk billion of deals.
Fundraising in 2012 was also far short of the record $2.2 billion raised in 2008.
The amount of private equity capital Canada Goose Coats On Sale invested in canada goose coats on sale sub Saharan Africa canada goose uk outlet was comparable to read more here Russia Canada Goose online share ($1.24 billion) but less than a quarter of the $5 canada goose coats billion invested in Latin America.
Some 161 emerging market funds raised a total of canada goose uk black friday $40.3 billion in 2012, up from 148 funds that raised $38.5 billion in 2011.