Gulf Private Equity

Gulf Private Equity Returns Expected to Rise

Private equity returns in the Gulf region are expected to soar, at least according to the chief executive of Abraaj Capital. At a recent private equity conference in Dubai, Arif Naqvi predicted, "The private equity industry in this region is going to enter a phase where I believe that the returns we have seen over the last few years will be dwarfed by what we are going to see."

As large American private equity firms like the Carlyle Group and KKR are eying the region for potential investment opportunities. Carlyle Group recently announced its first $500 million Middle East and North Africa fund. Arif Naqvi explained why the Gulf may be an appealing prospect for foreign private equity investors:

“The public markets are paralyzed and closed, not just regionally but globally. Well, we are the alternative option. Private equity has a good name in this region. People have seen how value has been created

Although he sees many private equity investors turning to the region, Naqvi urged investors to use judgment and due diligence when investing. Investors should, Naqvi suggested, take a long term approach and to become more knowledgable in industries they invest in.

Source

Tags: Private equity gulf, private equity industry, private equity middle east, private equity carlyle group, carlyle group, private equity middle east, private equity north africa

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