Bahrain Middle East Bank and partners to launch a $50 million China fund
Orion Partners, a Hong Kong-based alternative asset management firm announced that it has entered into a partnership with Bahrain Middle East Bank, a Gulf-based investment bank, to act as its sponsor for its new China-focused private equity fund.
The fund aims to target investors from the Gulf Cooperation Council countries. According to the firm, less than 12% of GCC foreign assets are in Asia, and even lesser in China.
Bahrain Middle East Bank is listed in the Middle East Investors Directory with the code BFD58.
More details follows
November 23, 2011 |
Filed under Akbar Habib, Bahrain Investors, Bahrain Middle East Bank, Middle East Private Equity
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