A recent survey the British Venture Capital Association (BVCA) examines the attitudes of over 100 LPs towards investing in private equity funds over the next two years. The results are mixed with investors intending to decrease allocations in the short term but expressing positive sentiments about their long-term allocations to private equity funds.

Day 1 at SuperReturn started with Richard Sharp (formerly Goldman Sachs) talking about how the private equity industry had gone through changes in three main areas: a) Deflated egos amongst the key players, b) Disappearance of credit across the region and c) A realization that making money is not as easy as it used to be.

A Saudi business tycoon Ali Al Faraj has bought a 90% stake in the struggling Portsmouth Football Club for an undisclosed amount. He is the 3^rd owner of the Portsmouth in 2 months.

It was just 6 weeks ago that Sulaiman Al Fahim, CEO of Hydra Properties (Dubai residents might have seen him on the reality series Hydra Executives), bought the club from Sacha Gaydamak for a rumoured £60 million.

Emirates Business 24-7, 04 October 2009

Private equity investors shied away from Middle Eastern targets in the three months to September following limited activity in the region in t

If you are interested in Middle Eastern Private Equity checkout the upcoming SuperReturn Middle East Private Equity summit that is to be held in Dubai starting 12^th October 2009.