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|| Abu Dhabi's Invest AD and Japan's SBI Holdings to invest $100 million in Turkish private equity

turkey-investad.jpgJapan's SBI Holdings and Abu Dhabi financial services firm Invest AD are investing in a new joint private equity fund worth $100 million and focused on acquisitions in Turkey.

The fund will be jointly managed by the two companies through an office in Istanbul. As DubaiBeat.com reported earlier, Invest AD has already made one acquisition in Turkey, buying a significant minority stake in late 2009 in EKOL Logistics.

Invest AD is listed in the Middle East Investors Directory with the code BD46.

More details follows:

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