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Rasmala is a pioneer in private equity, launching one of the first regionally focused private equity funds in the GCC in 1999 - the Rasmala Fund LP. The Fund was successfully liquidated in 2007 returning 3.5 times capital to investors and an IRR of 22%.
Rasmala has recently launched Rasmala MENA Private Equity Fund 2 with a target size of USD 350 million. The first closing took place on November 30th 2008 and USD 120 million in commitments were received.
The fund will principally focus on mid-cap companies in sectors generally not well represented in the region’s public equity market.
Rasmala follows a disciplined and rigorous approach to source, execute, manage and exit its investments. Rasmala leverages its extensive regional experience to originate high quality deals, corroborate quality investments accurately and efficiently, mitigate significant risks associated with potential investment opportunities and add value at each stage of the private equity cycle.
PE Fund Executive Summary
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