06.01.2009 - Rasmala MENA Private Equity Fund 2 announces first closing with USD 120 million in commitments received
From Arabianbusiness.com: Rasmala, a leading regional investment banking firm announced the successful first closing of Rasmala MENA Private Equity Fund 2, with USD 120 million in commitments received. The Sharia compliant fund is primarily focused on mid-cap opportunities in the GCC and Egypt that benefit from the regionís GDP growth. It has a target Internal Rate of Return (IRR) of 25% (per annum)..... Full Article: Source
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