(MENAFN) Gulf Capital, one of the largest and most active alternative asset managers in the Middle East, has announced today that its Private Debt Fund, Gulf Credit Opportunities Fund II, has closed three new investments for a total of USD46 million (Dh170 million).
The investments will support the growth plans of companies in Egypt, Sub-Saharan Africa and Turkey through structured capital solutions.
All three debt transactions were executed in the fourth quarter of 2017.
Gulf Capital remains the largest provider of private debt outside the traditional banks in the region with a total of Dh1.744 billion (USD471.35 million) in assets under management in its private debt financing business.
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