StanChart private equity spinoff targets Middle East

Pedro Gonçalves
clock
StanChart private equity spinoff targets Middle East

Affirma Capital, the newly- spun-off former private equity business of Standard Chartered Bank, is eyeing acquisition opportunities in the Middle East and Africa. The Singapore-based emerging markets group is targeting deals between $25m and $100m in the region where consumer spending is on the rise, Taimoor Labib, Affirma's founding partner, head of the Middle East & North Africa and chairman of Africa, told Bloomberg. Affirma Capital, which has assets under management (AuM) of $3.6bn ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login