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Arcapita, $200m US venture fund
- Bahrain: Monday, September 18 - 2006 at 17:07
Bahrain-based Arcapita Bank has unveiled Arcapita Ventures I, a $200m venture capital fund that will invest in Shariah-compliant enterprises in the US. Arcapita will invest up to $50m in the fund, which will focus on growth and expansion-stage companies in the healthcare, information technology and industrial technology sectors. It will be managed out of Arcapita's office in the US.
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James McInerney, News EditorMonday, September 18 - 2006 at 17:07 UAE local time (GMT+4)
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This article was updated on Wed Mar 28 2007.
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