PSG said its American owner, Colony Capital, will keep 30 per cent of the shares. Financial terms of the deal were not announced. QSI was set up in 2005 by Qatari prince Sheik Tamim Bin Hamad Al Thani. The fund's previous investments include a golf club and health spa in Doha - Associated Press is reporting.
To see more investors similar to QSI, check our Middle East Investors Directory
More details follows from Associated Press
Previous Post: Shirish Saraf's Dubai private equity firm Samena Capital launches second fund targeting $700 million
Next Post: Another startup incubator for the Middle East - now in Bahrain