Jun
05

MENA Buyout Deals, Fundraising Slow in 2015 Amid Oil’s Decline

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  • From a 6-year peak in 2014, value of deals fell 4 percent
  • Total assets by MENA PE industry climbs to $26.5 billion

The value of private equity deals in the Middle East and North Africa fell 4 percent in 2015 as economic growth slowed because of the decline in oil prices.

Investment dropped to $1.5 billion, although the number of private equity deals in the region surged to 175 from 72 in the previous year, the MENA Private Equity Association said in a report on Sunday. Fundraising in the year declined 19 percent to $992 million, with cumulative assets under management totaling $26.5 billion…

MENA Buyout Deals, Fundraising Slow in 2015 Amid Oil’s Decline

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