Gulf Capital Announces US$215 Million Third Close of Its Credit Fund (MENA)

Source: Gulf Capital

United Arab Emirates-based alternative asset management firm Gulf Capital has announced the third close of its Gulf Capital Credit Opportunities Fund with US$215 million in committed capital. Launched in 2011, the fund has received commitments from institutional investors and family offices around the globe, including a US$20 million anchor investment from International Finance Corporation, the private sector development arm of the World Bank Group. The fund will provide credit and mezzanine financing to companies in the Middle East, North Africa and Turkey.