VOL. XLI

No. 20

18-May-1998

GENERAL

New Fund To Invest In MENA Region To Launch End-May

The Capital Trust Group, a private holding company providing merchant banking servicesand based in Luxembourg, is planning a new $75mn direct investment fund targeting privateequity in the Middle East North Africa (MENA) region. The MENAVEST fund, which will beclosed-end fund and registered in the British Virgin Islands, is currently in thepre-marketing stage. Subscription will open officially at end-May,...