Dubai-based private equity firm Gulf Islamic Investments (GII) is aiming to triple assets under management to $10bn by the end of the decade, as it seeks to scale up amid intensifying competition from global and regional buyout firms active in the Middle East, according to a report by Bloomberg.
The shariah-compliant alternative asset manager, which has deployed more than $1bn over the past four years, is exploring options to raise up to $400m in the near term through a combination of new capita...
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