Product Focus


MIC’s track record in private equity dates from 2006 when we established Millennium Private Equity (MPE), which has been spun-off in late 2009. MIC successfully raised USD 450 million for three MPE funds: Global Energy Fund (USD 200 million), Telecom & Media Technology (USD 150 million), and a dedicated India Fund (USD 100 million), which were seeded by leading GCC institutions. Those funds constituted the start of a larger family of sector focused funds, geared towards key industries in the region.

MIC’s new private equity initiative includes the iminent launch of dedicated Sub-Saharan Tech Fund and a Natural Resources Fund.