Home » Investment in Middle East »

|| Big news: BNP Lanching $300 million Gulf Private Equity Fund

BNP Gulf Private EquityFrench bank BNP Paribas may raise up to $300 million for a private equity fund active in the Gulf Arab region to tap opportunities arising from the financial crisis - according to Reuters.

BNP will raise $150 million in the first phase by mid-October and a further $150 million later, Jean-Christophe Durand, its regional chief executive, told reporters. BNP will contribute 25 percent to the fund, while the remainder will come from large regional investors in the Middle East.

Very big news for Private Equity in the Gulf.

Previous Post: New $150m Private Equity Fund Launched in Gulf by TNI UAE & Kamco
Next Post: D. E. Shaw, the world's 4th largest hedge fund, enters Dubai

More from Investment in Middle East ...

  JPM, London fund invest $20 million in Dubai e-commerce firm

  Souq.com merges private shopping portal Sukar.com in its operations

  UAE early stage investor Saffar Holding to exit its investment in Zawya

  How to sell your Middle Eastern media firm - 7 lessons from Flip Media acquisition

  Publicis Groupe acquired Dubai-based digital agency Flip Media

  Carlyle Group acquires 42% stake in Domino's Pizza MENA master franchise

  Middle East e-commerce website MarkaVIP raised $5 million

  Jabbar acquired remaining stake in Cobone.com from GBG to become the sole owner

  Naspers acquired stake in Dubai-based classified website

  Intel Acquires Egypt-based SySDSoft

|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.

Copyright 2007-2024 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   LinkedIn    Twitter

Powered by Insightice