Kingdom Holding Company and PineBridge Investments Middle East Establish a Joint Venture in Africa

Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud

Kingdom Holding Company (KHC), chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, and PineBridge Investments Middle East (“PBME”) a global multi-asset-class manager have signed a memorandum of understanding (“MOU”) on 30 June 2014 to establish a joint venture platform (“JV”) to invest in direct private equity opportunities in Africa. The MOU was signed by both Dr. Adel Alsayed, KHC’s Executive Director for Private Equity and International Investments, and Mr. Talal Al Zain, Chief Executive Officer of PineBridge Investments Middle East.

Read more: Kingdom Holding Company and PineBridge Investments Middle East Establish a Joint Venture in Africa – PineBridge.

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