Monday, Apr 30, 2012
LONDON (Dow Jones)--U.K. listed financial services company Barclays PLC (BARC.LN) Monday said Qatar Asset Management Company, or QAMC, will co-invest $250 million in Barclays Natural Resource Investments, or BNRI's, current and future portfolio companies.
MAIN FACTS:
-Substantial proportion will be allocated to BNRI's existing $2.1 billion portfolio of companies.
-BNRI will continue to source, execute, manage and exit private equity transactions in the natural resources sectors on a global basis and co-investors will be invited to participate immediately upon completion of each transaction.
-Qatar Asset Management Company is a collaboration between the Qatar Financial Centre Authority and the Qatar Investment Authority.
-BNRI, a division of Barclays Bank PLC, is a private equity business focused on natural resource investment opportunities.
-Shares of Barclays at 0707 GMT up 3 pence, or 1.3%, at 225.9 pence.
-By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448, tapan.panchal@dowjones.com
(END) Dow Jones Newswires
30-04-12 0708GMT
