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Islamic Finance Briefing - Categorized | Funds, New Launches, Private Equity more

BNP planning $300 mln Gulf PE fund

Posted on 15 September 2009

From Ethiopianreview.com: 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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