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Middle East private equity in tough spot

Posted on 06 July 2012

The US$23.2 billion (Dh85.21bn) Middle Eastern private equity industry is struggling as fund-raising gets tougher and viable exit options diminish. About $700 million was raised last year, compared with more than $6bn at the industry’s peak in 2007, according to the Mena Private Equity Association’s annual report.
Funds under management grew to about $23.2bn last year from about $8bn in 2006, the report said. ……………………………………….Full Article: Source


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