Dubai Said to Close Sheikh's Buyout Firm That Held $13 Billion

  • Dubai International Capital laying off staff, closing offices
  • Investment firm selling assets to repay $2.5 billion of debt

Dubai International Capital LLC, the ruler’s buyout firm that held stakes in companies from Merlin Entertainments Plc to U.S. hedge fund Och-Ziff Capital Management Group LLC and tried to buy Liverpool Football Club, is closing down after restructuring $2.5 billion of debt, according to people with knowledge of the matter.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.