Ubs and MerchantBridge launch $500m private equity fund
UBS and MerchantBridge will launch a $500m private equity fund in 2009, to take advantage of consolidation opportunities in the Middle East, according to Basil al-Rahim, managing partner of MerchantBridge.
A US government financing agency revealed its plans to invest $150 million into a Mideast private equity fund whose aim is to promote the growth of small and medium-sized businesses in the region.