Launch Partners

Launch Partners

EFG Hermes launches Saudi Education Fund 

EGYPT: EFG Hermes’ private equity arm launched a US$300 million Saudi Education Fund to build an institutional K-12 operator in Saudi Arabia, having partnered with GFH to acquire a portfolio of international schools owned by private equity funds under the brand name Britus Education. This portfolio includes four schools in Saudi Arabia, two in the UAE and one in Bahrain. Boasting a total capacity of approximately 12,000 students, nearly 8,000 students are currently enrolled. This fund is in addition to the US$150 million fund launched in December 2018 to invest in Egypt’s K-12 education sector, in partnership with GEMS Education. 

Categories:

Restricted Access

Subscribe NOW and get:

  • Gain unlimited access through all key operating platforms
  • Full access to all listed Islamic funds & fund profiles
  • Unlimited access to all Islamic fund managers
  • Access to all exclusive articles, reports, podcasts & videos
  • Complimentary access to all IFN Investor Forums
Subscribe Now

Suggested for you

QIIB-Gord focus on green initiatives

Bayuti opens waiting list