PIF invests in NBK Capital Partners’ Shariah credit fund

09/02/2021 Argaam

PIF logo

NBK Capital Partners (NBKCP) launched a $300 million Shariah-compliant credit fund, with the Public Investment Fund (PIF) as its anchor investor.

 

The company said in a statement that the new fund aims to provide capital to mid-market companies in the Middle East, including Saudi Arabia and the UAE.

 

The credit fund expects to make 10 to 12 investments of $15 million to $50 million over its eight-year life, with attractive returns.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.