Two new private equity firms launched in Iraq and Oman
Two new private equity firms have launched in Iraq and Oman.
In Iraq, Trade Bank of Iraq plans to set up a $500 million private-equity fund and is looking to identify a global player to act as the fund's general partner.
In Oman, the Financial Corporation (FinCorp) launched Oman's first private equity fund with a capital of $51.9 million. The primary objective of the Oman Private Equity Fund is to make private equity investments in select local companies and those firms that have cross border linkages.
To see a full listing of Middle Eastern private equity investors and funds, check our Middle East Investors Directory
More details follows from Reuters and Zawya
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