UAE's Gulf Capital to spend USD750m on new investments


(MENAFN)Gulf Capital, the Abu Dhabi-based buyout firm, announced it is looking to invest USD750 million in 10-12 companies over five years, The Peninsula Qatar reported.

The company said it is interested to invest in the sectors of power and water, oil and gas, healthcare and education as well as companies which could profit from government spending.

Gulf Capital, which has total assets of USD3.3 billion, is known to invest an average of USD60-75 million in each company which it decides to invest in, with 60 percent of the external investors in the company being from the United States, Europe and Asia but the company remaining as the main investor at about 25-30 percent contribution in new investments.


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