Beirut Fund Banks on Egypt-based Energy Firm (MENA)

Source: The Daily Star

U.K.-based private equity investment and advisory firm Capital Trust Group has invested US$20 million in Sakson Petroleum Services Holding, an Egyptian provider of oil and natural gas drilling services. The investment was made through EuroMena II, a US$90 million MENA-focused private equity fund. Separately, Capital Trust Group has reportedly announced the launch of EuroMena III, its fourth private equity fund for the MENA region.