Corrected: Badwa Capital’s new investment arm targets education, healthcare and logistics sectors | ZAWYA MENA Edition:
The new investment management company launched by Dubai-based Badwa Capital last month will target investments in physical infrastructure in areas such as education, healthcare and logistics, one of the firm’s partners has said.
The company announced its entry to the investment management business last month, with its press release stating that the business is “anchored with $100 million in capital”, adding that it would target both family and institutional investors. (Read more here).
The firm, which is regulated by the Dubai Financial Services Authority, has a target to become the “pre-eminent investment management firm in the Middle East,” partner Abdulaziz Alfalih told Zawya in an interview.
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