Sedco, a Saudi private equity firm, has invested $45 million in 10 global companies in the past months - Reuters is reporting.
Sedco’s private equity fund which is launched a year ago has raised $113 million of which 40 percent is invested in 10 companies globally. Sedco has also invested globally in real estate and currently eyes Asian markets as well. The two-year old Jeddah-based firm manages about $3 billion in assets.
Sedco is listed in the Middle East Investors Directory with the code ORP18.
More details follows from ReutersContinue ... »