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|| Indian Private Equity firm seeks to raise $2 billion from Gulf investors

reliance.pngReliance Capital, India’s biggest money manager, expects to attract up to $2 billion for its funds from the Gulf investors - the Bloomberg is reporting.

Rich individuals in the Middle East held about $1.5 trillion in wealth in 2009, according to research by Capgemini and Bank of America Corp’s Merrill Lynch unit.

To see list of Family Offices in Middle East, check our Middle East Investors Directory

More details from the Bloomberg follows

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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.

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