Middle Eastern sovereigns have swarmed the bond market since the start of autumn, raising US$23.5bn of debt in the space of two weeks and helping make September the highest month on record for emerging market issuance.
Off-grid power and captive energy projects are taking up some of the slack as big infrastructure deals stall, says Standard Bank.
Venture capital and private equity firm BlackFin Capital Partners has completed a more than €100mn first closing for a European business technology fund, with the fund’s founding partner telling EMEA Finance that the aim is to become a leading investor on the continent.
Russia’s PIK Group has plans to ramp up capital markets activity in the coming years, as the firm announces a consolidation of its shareholder structure with company president Sergei Gordeev buying out two minority holders.
Borislav Ivanov has been moved to head Deutsche Bank’s troubled Russian business as chief country officer after Annett Viehweg left the bank to run Sberbank’s Swiss operations.