MEFIC will launch a “Private Equity” funds for the Health Care industry
January 3, 2013
MEFIC will launch “Private Placement" Fund denote the health sector; the objective of the Fund is the direct investment in the health care sector in the Kingdom of Saudi Arabia, in its various areas of pharmaceutical manufacturing and health care. The main intention of the Fund is in line with the overall thrust of government spending, including allowing investors attractive returns and achieve social goals of high value. The expected duration of the Fund is five years.