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Private equity dithers despite $11bln stash

Posted on 17 March 2009

From Gulfnews.com: Private equity firms in the Middle East have $11 billion (Dh40.37 billion) ready for investment but deals are hard to come by and exit routes are scarce in the current economic downturn, an industry report revealed on Monday.

Fund managers last year collected $6.4 billion, 10 per cent more than the previous year, according to the Gulf Venture Capital Association (GVCA) report for 2008….. Full Article: Source

 
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