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Brookfield-affiliated fund raises 2B for Middle East
Brookfield Middle East Partners, supported by the Saudi Public Investment Fund, announced the closing of approximately $2 billion USD in its first closing for private equity investments in the Middle East. The fund focuses on investing in companies within the markets of Saudi Arabia and the Gulf countries, with an emphasis on high-growth companies in the Saudi market, where it intends to invest at least 50% of its capital. The investment aims to stimulate the local economy, attract international investments, and develop the financial and economic growth ecosystem in the region, while achieving long-term returns through global partnerships.
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