AVIATION

Travco targets 4Q launch for new private airline

Good morning, ladies and gents. It’s a capital flow type of morning. Apis Partners has closed its third fund at USD 1.23 bn, and we have two exits worth watching: Beltone VC and Citadel out of Bosta at a 75% IRR, and NBE picking up 20% of Scatec's Obelisk solar project. Different stories, same underlying…