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ASSET CLASS: FUNDS IN MARKET - October 2009ASSET CLASS: FUNDS IN MARKET 2009-10-01 Staff Writer ASSET CLASS: FUNDS IN MARKET NAME OF FUND NAME OF
- GC Equity Partners II holds AED1.75bn first close
The buyout fund, which was launched in the second half of last year with help from Credit Suisse, is expected to reach a final close on its target of AED2bn by July.
- Gulf Capital and Credit Suisse team up
The Swiss bank is tapping Gulf Capital's local expertise and deal flow in a growth market, while the buyout firm looks to additional capital and to learn from the bank's experience in more mature markets.