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December 12, 2024
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Berkshire Partners Announces Close of Fund XI with Approximately $7.8 Billion in Commitments

Berkshire Partners (“Berkshire”), a Boston-based private equity firm focused on the middle market, today announced the close of Berkshire Fund XI (“Fund XI”) with approximately $7.8 billion in capital commitments, making it Berkshire’s largest fund since the firm’s inception in 1986. Fund XI was meaningfully oversubscribed, which the firm believes underscores investors’
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Total Economic Impact Study Reveals a Return on Investment

Veracode, a global leader in application risk management, today released a commissioned study conducted by Forrester Consulting on The Total Economic Impact™ (TEI) of Veracode’s Application Risk Management Platform. The study revealed that Veracode delivered a 184 percent return on investment (ROI) to customers over a three-year period, as well as a material Net
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Zordaar Launches as Chandramari Group’s Latest Hidden Gem, with Significant Investment of AED 5 million

Chandramari Group, renowned for its diverse portfolio of successful dining ventures, announced the launch of its latest culinary concept, Zordaar, backed by substantial investment of AED 5 million. This innovative Indian restaurant is set to redefine the dining experience by blending traditional flavours with contemporary culinary techniques, offering a menu that
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UAE-Headquartered Future Food Foundry Makes Landmark Investment in NextGen Farms and Sustenir Group

Future Food Foundry (3F), a UAE-headquartered agri-food technology company, has announced a significant investment in NextGen Farms (NGF) and Sustenir Group. This strategic deal, worth over USD 20 million dollars, will merge the two companies to create the largest plant superfood ecosystem in Singapore. Having already invested in multiple UAE-based agri-food technology
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AlephYa Education Welcomes Majority Investment from TA

AlephYa Education (“AlephYa” or “Company”), a leading pan-GCC education provider, today announced a majority investment from TA Associates (“TA”), a leading global private equity firm, to support its next phase of growth. As part of the transaction, existing investors Gulf Investment Corporation (“GIC”) and Oman International Development and Investment Company SAOG
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Cyprus and Greece rental yields reach record highs

Leading Greek and Cypriot real estate developer Leptos Estates reveal that rental yields in both Cyprus and Greece are consistently reaching all-time high levels as international purchasers let their holiday homes across sought-after destinations. The developer reveals that rental yields across some of their most popular destinations and developments are consistently
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SuperBridge Summit 2024 to showcase the Middle East as top global hub for innovation and investment

The Dubai World Trade Centre (DWTC) and the SuperBridge Council have reiterated their commitment to cementing the Middle East’s eminence as the leading destination for innovation and entrepreneurship with the second edition of SuperBridge Summit 2024.  The two-day summit will highlight the exemplary strategic initiatives and visionary leadership of Dubai as a global