Lehman raises $1.5bln private equity fund of funds

(Reuters) - Among the private equity firms that Lehman invests in are
The Blackstone Group, Carlyle Group, Doughty Hanson and JC
Flowers & Co. LLC, said John Buser, managing director and head
of the Fund of Funds team.




Lehman said the fund will commit up to 20 percent of its
capital to co-investment deals alongside private equity firms
and to acquire private equity fund interests in the secondary
market.


Read more at Reuters.com Mergers News

Africa horticulture traders launch regional group

(Reuters) - Flowers, fruit and vegetable growers from 12 African countries launched an organisation on Friday to give their continent more weight in trade talks with the European Union (EU) that must end this year.

The EU wants to finalise new economic deals by January 1, 2008, to replace the Cotonou Agreement that gave goods from parts of Africa, the Caribbean and Pacific preferential access to Europe.


Read more at Reuters Africa