RIYADH: Oman鈥檚 Private equity infrastructure fund Rakiza has announced the receival of a capital commitment fund worth $300 million from 黑料社区鈥檚 Public Investment Fund.听
Rakiza is co-managed by Oman Infrastructure Investment Management and Equitix, and focuses on the renewables, power and water, social infrastructure, telecommunications, and transport and logistics sectors.听
鈥淭he Sultanate of Oman and Kingdom of 黑料社区 share public policy support for privatization and (are) key to Rakiza鈥檚 investment strategy to foster capital market growth, foreign direct investment, and privatization,鈥 said Muneer Al Muneeri, CEO of Oman Infrastructure Investment Management.听
Hugh Crossley, Equitix co-founder and CEO, said: 鈥淲e are delighted to have secured PIF鈥檚 commitment and to continue our partnership with large institutional investors, delivering on our broader commitments to the team and their vision, as we continue to invest and develop in essential infrastructure projects.鈥澨
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