London-listed MENA PE firm cash rich and ready to invest

Global Mena Financial Assets (GMFA), one of the Middle East Private Equity firms listed on the London Stock Exchange, has announced its $167 million cash liquidity pool and its intention for acquisition opportunities in the region.

The company is managed by the private equity arm of Global Investment House, the Kuwaiti Investment Bank, and holds investments in 8 companies, 2 listed and 6 unlisted, with a total estimated market value of $257 million.

Actually this week is the anniversary of their listing on London Stock Exchange. The stock had its up and downs last year. (see their stock chart). Their latest report to shareholders is a couple months old, but shows the operational background at one of the few public Middle East PE operations. See the report below: