05 Jun 2015
(MENAFN) Dubai-based Shankar, the chief executive of Standard Chartered, is set to start his own private equity fund of about USD1 billion, an official statement said, Reuters reported.
The new fund’s focal point is Africa, the Middle East, South Asia and Southeast Asia, the statement added, noting that it aims at helping emerging market firms to move through other emerging or frontier markets.
“The value-add is going to be investing into a company in Indonesia and bringing them into Africa, and vice versa. I don’t intend to do hostile takeovers and buyouts,” an official statement said.
24 May 2023
Empowering Success: BBK and BIBF honor 24 graduates of the BBK’s Women on Board Programme
16 Mar 2023
BBK partners with Four Seasons Private Residences Bahrain Bay to offer ownership financing for 112 waterfront homes.
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