* Seen Mid East investments benefit from government spending * Likes deals in consumer-focused sectors * eyes investments in Saudi, UAE, Turkey and **rth Africa By Mirna Sleiman DUBAI, March 26 (Reuters) - The Middle Eastern investments of U.S. private equity firm Carlyle have benefited from a rise in government spending since the Arab Spring uprisings, a senior executive said, adding the company would also start looking at deals in **rth Africa. Carlyle, with $189 billion of assets under management across the world, opened Middle East ******s in 2007 and has since bought stakes in six firms, mainly in Turkey and Saudi Arabia. Firas Nasir, managing director and co-head of Carlyle MENA (Middle East and **rth Africa), said the companies were **t in countries directly affected by the political turmoil of the Arab Spring, and in some cases had prospered as governments in the region raised spending on social and infrastructure projects.
03-26-2014, 03:04 PM
U.S. private equity firm Carlyle eyes **rth Africa deals
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