Bahrain's GFH Financial, London-based Schroders eye private equity, venture capital deals

Two firms to co-invest in various sectors, including healthcare, tech

  
A broker holds a phone receiver as he stands on the dealing floor at ICAP in London, Britain January 3, 2018.

A broker holds a phone receiver as he stands on the dealing floor at ICAP in London, Britain January 3, 2018.

REUTERS/Simon Dawson

Bahrain’s GFH Financial Group has partnered with Schroders Capital to invest in private equity and venture capital across various sectors, the financial services firm has confirmed. 

The co-investment will target downturn-resistant sectors such as healthcare, education, technology and consumer, and “significantly” strengthen GFH’s global private equity investments platform, the company said in a statement to Bahrain Bourse. 

Schroders Capital has $70 billion of assets under management and is the private markets investment division of London-based global assets management firm Schroders, which manages $968 billion worth of assets. 

“This strategic partnership… strongly aligns with GFH’s vision of building a robust European and American private equity investment platform, an area where we continue to focus and expand both organically as well as inorganically through partnerships, JVs and acquisitions of GP stakes,” said Hammad Younis, CIO of GFH. 

Rainer Ender, Head of Private Equity, Schroders Capital, said that through the partnership, they are looking forward to taking advantage of some “exciting” private equity and venture capital deals. 

“The investment opportunities remain extensive… We are already looking forward to giving GFH the opportunity to benefit from attractive buyout and growth companies in Europe and the Americas,” he said. 

 (Writing by Cleofe Maceda; editing by Daniel Luiz) 

Cleofe.maceda@refinitiv.com 

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here

© ZAWYA 2021

More From Equities