Google+ Followers

Saturday, 17 June 2017

Private equity firms struggle to raise new funds in the Middle East, says report | The National

Private equity firms struggle to raise new funds in the Middle East, says report | The National:

"The amount of new money raised by private equity and venture capital funds in the region dropped by 41 per cent last year to US$582 million – the lowest figure raised since 2011, according to the Mena Private Equity Association’s annual report. The decline in funding was blamed on the economic climate and regional geopolitical factors affecting external investor perceptions. Total investment value also fell by 24 per cent to $1.13 billion. This was attributed to a drop-off in the number of deals that had an investment value disclosed, which itself was due to a more challenging investment environment, as well as a mis-pricing between buyer and seller expectations."



'via Blog this'