16.07.2012 - Private equity investment spree expected
The Middle East’s private equity funds, which have long lagged behind their global peers, have built up at least $5bn in capital ready to invest in new opportunities, industry leaders said this week. They will also increase endeavours to make new investments this year. The so-called “dry powder” has been building for years, as private equity funds – which occupy a smaller segment of the financial sector than similar funds in the developed world – raised cash faster than they spent it. ..............................................Full Article: Source
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