Oman SWF & State Bank of India-backed OIJIF hits first close of $250m for second fund

Oman SWF & State Bank of India-backed OIJIF hits first close of $250m for second fund

Oman India Joint Investment Fund (OIJIF), a private equity (PE) fund backed by Oman’s sovereign wealth fund State General Reserve Fund (SGRF) and India’s largest lender State Bank of India (SBI), has hit a first close of $250 million for its second fund, said two people aware of the development.

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