Oman: OIA steps up international investments

Oman Investment Authority (OIA) has set up the €100m ($106m) Spain Oman Private Equity Fund (Sopef) II with the Spanish government’s development finance institution Compañía Española de Financiación del Desarrollo (Cofides). The move extends a relationship which began with Sopef I launched in 2018 which is now almost fully invested and comes amid a number of recent international deals by the Omani fund.