Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Banking and Investments


Dubai, UAE, September 18, 2017:  NBK Capital Partners announced today that it has successfully closed its second mezzanine fund, NBK Capital Partners Mezzanine Fund II, with US $160 million in capital commitments, driven by strong demand from institutional investors and family offices.

NBK Capital Partners' experienced team of investment professionals in Dubai, Istanbul and Kuwait will manage the Fund, which will maintain its predecessor's (Mezzanine Fund I) proven investment strategy of providing capital to middle market companies in consumer-centric sectors in the MENA region by way of mezzanine investments. The team's track record has been one of the most consistent in the region, having fully exited seven investments and thus, achieving top quartile returns for their first fund relative to global and emerging market comparable funds during the same period.

NBK Capital Partners Mezzanine Fund II has already invested in two companies: Qimam El Hayat, a private K-12 school in Riyadh that provides quality education to over 2,500 students and Perkon, the market leader in the Turkish payment systems / automatic identification and data capture (“AIDC”) industry. The team is in the process of completing the fund's third and fourth investments and there are several other investments in various stages of due diligence. 

Yaser Moustafa, Senior Managing Director at NBK Capital Partners, said, “We appreciate the support of our investors, who have identified middle market credit in the MENA region as a place where there are fantastic investment opportunities. NBKCP Mezzanine Fund II provides a well-defined route to such a market with an experienced team and a proven track record. This new pool of capital will be deployed in compelling risk-reward opportunities for our limited partners.”

Morgan Lewis represented NBK Capital Partners in the establishment of NBK Capital Partners Mezzanine Fund II and the Fund administrator is Maples Fund Services.

Posted by : GoDubai Editorial Team
Viewed 5929 times
Posted on : Monday, September 18, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : AL-Thiqa Islamic Bank Selects ICS BANKS® ISLAMIC System from ICSFS
Next Story : AL-Thiqa Islamic Bank selects ICS BANKS ISLAMIC System from ICSFS
Email this article Print this article

Share this article with your friends and followers


Back to Top  
Most Viewed Press Release posted in the last 7 days
Bhima Jewellers Wows Women on International Women's Day
Foreo Declares 2018 the Year of Confidence
Beauty Indulgences for Mums this Mother's Day
Built for the Way We Communicate Today: Samsung Galaxy S9 and S9+ Launches in the UAE
The Ultimate Mother's Day Beauty and Wellness Gifts
The Sheet Mask Trend
Design International to open doors at d3
Filorga Launches Lift Range
Tissot PRS 516 Alpine Limited Edition A sporting tribute
Rise and Shine with Sophie's
International fragrance houses look to Middle East as inspiration for global per...
SMCCU opens its doors for SIKKA Art Fair
Max launches its Inaugural Abaya Collection
“The Night of Italian Design” at D3 Attracts Design Enthusiasts
It's Mother's Day!
LULU Organic Food Activation
Al-Futtaim Honda launches 10th generation Honda Accord
Mother's Day Offer from Blush N Curls Salon
Iconic milkshake brand Keventers to open 30 outlets across the UAE in 2018
Top Perfume Picks for Mother's Day @ Glambeaute.com
An Open Secret - The new Flying Regulator Open Gear provides deep insights
Luxury First: Range Rover Sv Coupé Debuts at Geneva Motor Show
The Global Sensation UFO Lands in Europe at Cosmoprof 2018
Nissan's e-POWER technology wins environmental award
Drink yourself to looking younger with Skinade
UAE Jiu-jitsu Federation® Conducted the Official Weigh-ins of Abu Dhabi Grand Sl...
Reading Champions Declared at 10th Emirates Airline Festival of Literature
Preps for the Fazza Championships for Shooting Saktoun Riffle begin on March 11
Own your pores like a Bioré Princess!
A Meet & Greet with the Pakistani Cricket Sensation Umar Akmal
OMEGA Launches its NATO Strap “Pop-Up Boutique” in Paris
Cadillac Alghanim kicks off world-class opportunity in Kuwait
The Dubai Mall unveils Fashion Avenue; the region's most prestigious luxury des...
The V-Tox Facial by Linda Meredith Skincare
Discover the MISA Cho Gong Jin Oriental and Herbal Skincare Range from Missha
Elina Svitolina takes New York by storm and wins it all!
Johnson's® Baby Launches Its First Semi-therapeutic Product Range
Corporate Power Dressing redefined at Kachins Signature
Arabian Healthcare Group and Dignity Health USA team up to expand world-class cl...
UAE's first ICU Symposium attracts over 150 of GCCs top healthcare professionals
Velvet Caviar meets Roger Dubuis Diva power
Dubai Customs commemorates 30th anniversary of the Harmonized System
Sanofi introduces innovative therapy to help address high unmet medical needs of...
Making First Impressions Finer
10th Emirates Airline Festival of Literature Ends with a Bang!
Alexey Firsov Solo Exhibition
PCFC, GDRFA conclude Successful Marriage program ahead of 7th Mass Wedding
Evonik Acrylics Africa expands with a new location in Cape Town
Danube Properties is all set to sparkle with their latest “Jewelz”.