Tell Group Reaches First Close for Tell Lebanon Infrastructure Fund
Posted On: 18 Sep 2019 | Source(s): Reuters | Date: 18 September 2019 | Author(s): Lisa Barrington and Tuqa Khalid
Tell Group, a private equity and corporate advisory firm focused on Europe, the Middle East, and North Africa, has reached a first close for Tell Lebanon Infrastructure Fund. The fund, which is targeting a USD100 million final close, received commitments from more than 25 investors, including the Gulf Cooperation Council, as well as family offices, individuals, and institutions from Lebanon and Europe. Financial details of the transaction were not disclosed.