Bahrain-based financial services group GFH Financial Group said Sunday it partnered with Schroders Capital to co-invest in private equity and venture capital, according to its website.
In efforts to strengthen its global private equity platform with investments in buyout and growth companies in Europe and the Americas, GFH will invest alongside Schroders Capital across the health care, education, technology and consumer sectors.
"This strategic partnership with Schroders Capital strongly aligns with GFH's vision of building a robust European and American private equity investment platform, an area where we continue to focus and expand both organically as well as inorganically through partnerships, JVs and acquisitions of GP stakes," Hammad Younis, CIO of GFH, said in a news release.
"We believe Schroders is the right partner for us given their market leading position and strong track record across private market strategies, particularly high growth segments such as healthcare and tech," he added.
Schroders Capital, the private markets investment division of Schroders, has $70 billion of assets under management.
GFH Financial Group has $12 billion in assets and funds under management.
A spokesman did not comment further on the deal.
