Finance

Buyout Titans Bet Middle East’s Long-Term Appeal Remains Intact

Watch: General Atlantic CEO Bill Ford talks to BTV’s Joumanna Bercetche about Middle East opportunities, the private equity outlook and the AI boom.Source: Bloomberg

Buyout firms General Atlantic and KKR & Co. said they continue to see fundraising and investment opportunities in the Middle East, joining Wall Street peers in signaling that the Iran war has not dimmed the region’s appeal.

“The capital providers in the region are still making commitments, they’re still actively engaged with us,” said Bill Ford, chief executive officer of General Atlantic. “They’re looking at projects, looking at new investments,” he said in an interview with Bloomberg TV.