SHUAA launches $200 million ‘Financing Opportunities Fund’
- Date: 12-Oct-2020
- Source: Saudi Gazette
- Sector:Financial Markets
- Country:UAE
SHUAA launches $200 million ‘Financing Opportunities Fund’
DUBAI — SHUAA Capital, an asset management and investment banking platform in the region, announced that it has launched a $200 million "SHUAA Financing Opportunities Fund" targeting special situations in the GCC. The fund has already attracted a total of $68 million in commitments from investors.Following SHUAA's recent success in the private credit space in deploying and returning in excess of $250 million to investors and generating mid-teen returns of c.15 percent in addition to $3 billion of structured and raised funding across all portfolio companies, the company is excited to be launching its