Wafra Encircles Oak Hill Capital, While Mubadala Looks at Fortress Investment Group
Posted on 09/12/2022
Middle Eastern public and sovereign investors are well-positioned to deploy capital and buying American financial firms can help them move money faster. Wafra Inc, a unit of Kuwait’s Public Institution for Social Security, is buying a minority stake in Oak Hill Capital Partners, a private equity firm, from Jefferies Financial Group (NYSE:JEF), according to Bloomberg…