| From Gulfbase.com: Gulf Capital, one of the largest Middle Eastern private equity firms, announced today the final closing of its latest private equity fund, GC Equity Partners II. The Fund was heavily oversubscribed with final commitments totaling approximately AED 2 billion (US$ 533 million), making it the largest private equity fund raised in the region in 2009.
In a marked departure, GC Equity Partners II was the first ever regional private equity Fund to derive the majority of its investors from international markets including the USA, Europe and Asia. The composition of the investor base includes some of the largest and most prestigious global and regional sovereign wealth funds, pension funds, endowments, banks and insurance companies...........................Full Article: Source
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