Brookfield launches $2bn PIF-backed fund targeting 50% of investments in Saudi Arabia
RIYADH/NEW YORK — Brookfield has announced the first close of Brookfield Middle East Partners (BMEP), a new private equity fund anchored by Saudi Arabia's Public Investment Fund (PIF), raising approximately $2 billion to invest in businesses across Saudi Arabia and the wider Middle East.The fund aims to allocate 50% of its investments to Saudi Arabia, reinforcing PIF's strategy of attracting…
We haven't written up this one. Saudi Gazette Business has the full story — the link below goes straight to it.
