FINANCIAL NEWS

Gulf Capital promotes USD 175mn in its Fund

10 Jan 2016

(MENAFN) Gulf Capital, one of the leading substitute investment companies in the Middle East, has raised USD 175mn for the first of its second credit and mezzanine fund, Gulf Credit Opportunities Fund II.

The Company will enter this year mainly well-funded with 10 funds and investments cars over its credit, private equity and real estate divisions.

Fund II will offer modified financing solutions to mid-market firms and private equity sponsors working in the Middle East, N. Africa, Turkey and Sub-Saharan Africa.

In addition, Gulf Credit Partners will be investing in firms that produce incomes between USD 25mn and USD 250mn and work in growing sectors that are non-cyclical in nature.

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