Saudi's Sidra Capital, BlackRock hold first close of APAC PE strategy

Saudi's Sidra Capital, BlackRock hold first close of APAC PE strategy

Saudi alternative asset manager Sidra Capital and BlackRock Alternatives have joined hands to hold the first close of the Sidra-BlackRock Asia-Pacific Private Equity Strategy, which will invest in Shariah-compliant private equity opportunities in the Asia-Pacific (APAC).

The programme seeks to “access leading managers with compelling transactions” across the region, Sidra said in a statement.

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