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Rasmala MENA Private Equity Fund 2 announces first closing with USD 120 million

Mon, 2009-01-05 20:12 — IslamicFinance.de

Arabianbusiness reported on 5 January the successful first closing of the Sharia compliant fund Rasmala MENA Private Equity Fund 2, with USD 120 million in commitments received. The fund is primarily focused on mid-cap opportunities in the GCC and Egypt that benefit from the region’s GDP growth.

Tamer Bazzari is Deputy CEO at Rasmala and member of the Fund’s investment committee.

Source: 

http://www.arabianbusiness.com/press_releases/detail/35073

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