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The firm is also targeting opportunities in Africa and eyeing up an IRR of 15-18 percent.
Minority shareholders in Dubai’s $3.4bn Hassyan project include ACWA Power, China’s Harbin Electric and the Silk Road Fund.
The manager has made its fifth investment in the education sector and fourth mezzanine investment in Turkey.
UK prosecutors have thrown out the case against senior vice president Martin Graham, who faced extradition from London to the United Arab Emirates, after being been convicted of wrongdoing in absentia in the UAE.
The US CLO manager has signed a deal to be acquired by FAB Partners, a Jersey-based investment firm, for $333 million in cash with backing from the Qatar royal family.  
The investment house is standing beside Martin Graham, the embattled employee who has been convicted of wrongdoing in absentia in the UAE.
Private debt fundraising in the Middle East swings between feast and famine compared with Latin America.
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Dubai-based fund manager NBK Capital Partners claims that demand is strong from institutional investors and family offices.
ING has backed international investor The Olayan Group, underwriting a $570 million bridge loan for the Middle Eastern family office’s acquisition of the Sony Building in Manhattan, PDI sister publication Real Estate Capital reports.  

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