Qatar’s objective of building a regional asset management hub has taken firm steps following the partnership with Barclays Natural Resource Investment (BNRI), Qatar Financial Centre Authority (QFCA) acting CEO Shashank Srivastava said.
“Under the partnership with BNRI, QAMC (Qatar Asset Management Company) will co-invest $250mn in BNRI’s current and future portfolio companies and a substantial proportion will be allocated to BNRI’s existing $2.1bn portfolio,” Srivastava told Qatar News Agency (QNA) in an interview. “Our agreement with BNRI is a major step forward in the development of the QFC as an asset management centre.”
BNRI is a global private equity business and a subsidiary of leading British bank Barclays.
No comments:
Post a Comment