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NBK Capital Partners closes $300m Saudi PIF-anchored fund

NBK Capital Partners closes $300m Saudi PIF-anchored fund DUBAI, February 9, 2021 NBK Capital Partners, the alternative investments arm of Watani Investment Company, has announced the first closing of a targeted $300 million shari’ah credit fund anchored by Saudi Arabia’s Public Investment Fund (PIF) and other institutional investors.   Regulated by the DFSA, the NBK Capital Partners is headquartered in Dubai International Financial Centre and its parent company, NBK Capital has office in Kuwait City with a key presence in Manama (Bahrain) and Istanbul (Turkey).    NBK Capital Partners employs a pioneering strategy for flexible, long-term direct lending launched in the wake of the global financial crisis to meet the financing needs of mid-sized firms unable to secure attractive financing terms, said a statement from the company. 

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