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Kuwait's Wafra Boosts Investment in Ardian as Axa Exits

Wafra, the investment arm of Kuwait's pension PIFSS, will expand its ownership position in Parisian secondaries giant Ardian later this year or in early 2027. The fund initially bought in - reportedly at a 4 percent stake - last November, and the increase comes as AXA investors has simultaneously initiated

by Bourgaize Murray, Aug 04, 2026

Brookfield Closes on PIF-Anchored Partners PE Fund

Canadian giant latest to execute a sizeable, traditional vehicle in the Middle East. The Details The buyouts and growth equity fund, closing at $2 billion and led by Saudi Arabia's Public Investment Fund (PIF), is set to deploy around half of the initial capital in the KSA. Experts

by Bourgaize Murray, Aug 03, 2026

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Toneboard is the only dedicated advisory, advocacy and intelligence platform exclusively for emerging markets. We are a persuasive enterprise at our core, and we are growing fast to meet the demands of the burgeoning investment and wealth industries we serve. Here are some fast stats to convince you to join

by Bourgaize Murray, Jul 31, 2026

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by Bourgaize Murray, Jul 22, 2026

IFC Issues First Somoni-Linked Bond for Tajikistan Financing

Local currency debt continues its expansion with local access, climate financing in focus.

by Bourgaize Murray, Jul 15, 2026

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Today's markets come with specific requirements and risks that are normative – more reputational and positional. For these reasons, what you're seen to be prioritising, how and with whom, can be as important as gaining marketshare or leading innovation. At Toneboard we also bucket these matters with

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