Arabian Heights: Standard Chartered PE Unit Moves Into MENA

In line with CFW 's view that private equity (PE) has strong growth potential in the Middle East North Africa (MENA), Standard Chartered's PE arm has inked its first deal in the region. The PE unit of the emerging markets-focused bank has invested US$75mn of mezzanine capital into Gulf retail store operator Jawad Business Group (JBG), a family-run private company based in Bahrain.

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