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BNP eyes $300 mln Gulf private equity fund

Posted on 09 September 2009

From Reuters: French bank BNP Paribas may raise up to $300 million for a private equity fund active in the Gulf Arab region to tap opportunities arising from the financial crisis.

BNP is looking to raise $150 million in the first phase by mid-October and possibly a further $150 million later, its regional chief executive, Jean-Christophe Durand, told reporters late on Monday……………Full Article: Source

 
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