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