Law360, New York (November 18, 2014, 12:31 PM ET) — Bahrain-based investment bank Arcapita Bank BSC on Tuesday announced that it has raised $100 million from shareholders in the Persian Gulf as it returns to making deals a year after emerging from bankruptcy protection.
Arcapita said the additional funding will go toward helping fund its growth strategy, specifically management of a $3 billion investment portfolio and growth in Shari’ah-compliant alternative investment products and services. The proceeds from the equity infusion will go at first to alternative investments in Gulf Cooperation Council countries — Bahrain, Kuwait, Oman,…