Ashmore Investment Management, the London-based emerging market debt specialist, has added to its portfolio of private equity interests, buying Enron's Prisma Energy International for $2.9bn (€2.3bn).

The investment will be held in Ashmore Energy International, a new entity majority-owned by Ashmore, which will also be used to house the manager's other energy assets.

Ashmore adds to private equity collection

Renée Schultes

Blackstone Group

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Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

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Dale Walsh will accelerate growth of the private bank and wealth management’s lending business

Northern Trust taps UN pension fund for head of international role

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Pedro Guazo, who joins in August, will also oversee the $1.3tn asset manager’s responsible investment platform globally

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The deal with Vietnam seeks to stop Chinese-made goods from transiting through the Southeast Asian country to avoid higher duties.

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The tech giant has been ramping up efforts to boost business growth in a bid to defend its place in China’s tech and commerce industries, as well as grow abroad.

Alibaba Readies $7 Billion Boost for Commerce Unit, Plans New Data Centers

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