Investcorp's China-Backed Fund Tees Off With Three Mideast Deals

By Yahoo! Finance | Oct 30, 2024 at 03:59 AM EST

Investcorp Holdings has formed a $750 million investment fund in partnership with China's sovereign wealth fund to target opportunities in the Middle East, focusing on consumer services, healthcare, and business services. The firm aims to grow its assets under management to $100 billion across various regions and asset classes.

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