Tapping into the Arab Spring–Gulf Capital’s Dr Karim El Solh in Abu Dhabi
The Abu Dhabi-based asset management firm Gulf Capital recently announced a new credit initiative that would aim to fill the capital vacuum in the region. The CEO, Dr Karim El Solh, sat down with Atique Naqvi to discuss the new fund and investment strategy in the wake of the Arab Spring.
August 9, 2011 12:11 by Atique Naqvi
hesitant. In 2007 the loan issuance stood at $110 billion and it dropped $54 billion in 2010. The companies that are looking for growth capital need additional funds and we can fill that vacuum. Private equity investors may help to fill some of the shortfall as the industry matures. As much as $10 billion in dry powder remains on the sidelines after the global downturn discouraged fresh deals in the regional industry.
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