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|| Two new private equity firms launched in Iraq and Oman

fincorp-tbi.pngTwo 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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