More PE players open offices in the Gulf to deepen ties with cash-rich SWFs, families

More PE players open offices in the Gulf to deepen ties with cash-rich SWFs, families

Skyscrapers stand in Dubai. Photographer: Christopher Pike/Bloomberg

A growing number of private equity funds are opening offices in the Gulf, hoping to deepen their ties with cash-rich sovereign wealth funds and families in the region as funding for buyouts has dried up elsewhere.