UAE-based Shari'ah-compliant financial services firm GII set to launch its second fund targeting a range of sectors in India, with a size of about $50 million.
The proposed fund - India Growth Portfolio II (IGP-II) – is slated to be launched soon and will be deployed for investments in companies across sectors in the South Asian country.
The UAE-based firm bought the Altaïs Towers office complex in Paris for €250m last week.
GII is looking to double the size of its European real estate portfolio by investing $800m-$1bn across the continent this year, with a focus on offices, logistics and senior housing, according to founding partner and co-CEO Pankaj Gupta.
“GII is committed to serving as a partner for growth. We are vigilant and visionary in our approach, leveraging our deep and diversified global experience to originate outstanding investment opportunities that deliver superior value to our shareholders and investors.”
Mohamed Al-Hassan & Pankaj Gupta
“GII is committed to serving as a partner for growth. We are vigilant and visionary in our approach, leveraging our deep and diversified global experience to originate outstanding investment opportunities that deliver superior value to our shareholders and investors.”
Mohamed Al-Hassan & Pankaj Gupta