{"id":88365,"date":"2024-01-25T00:00:00","date_gmt":"2024-01-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/misra-eyes-more-gcc-funds-telegraph-takeover-gets-more-ink\/"},"modified":"2024-01-25T00:00:00","modified_gmt":"2024-01-25T00:00:00","slug":"misra-eyes-more-gcc-funds-telegraph-takeover-gets-more-ink","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/01\/25\/misra-eyes-more-gcc-funds-telegraph-takeover-gets-more-ink\/","title":{"rendered":"Misra eyes more GCC funds + Telegraph takeover gets more ink"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Rajeev Misra seeks GCC backing in new fund:<\/strong>Former SoftBank CEO Rajeev Misra is looking to boost the size of his One Investment Management fund to more than USD 10 bn through more Gulf investments, including from Saudi Arabia, after raising some USD 6.8 bn from investors including Mubadala and Sheikh Tahnoon bin Zayed Al Nahyan\u2019s Royal Group, he told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-24\/softbank-veteran-entrusted-with-saudi-uae-billions-readies-second-act\" style=\"\" rel=\"noopener\">Bloomberg<\/a> in an interview. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More foreign press coverage of the Telegraph bid: <\/strong>The <a target=\"_blank\" href=\"https:\/\/www.telegraph.co.uk\/politics\/2024\/01\/23\/lord-cameron-red-carpet-uae-influence-the-telegraph\/\" style=\"\" rel=\"noopener\">Telegraph<\/a> has a lengthy feature on ties between former UK Prime Minister David Cameron and the UAE, amid <a target=\"_blank\" href=\"https:\/\/news.sky.com\/story\/redbird-imi-proposes-new-structure-to-ease-telegraph-ownership-fears-13055432\" style=\"\" rel=\"noopener\">reports<\/a> that International Media Investments-backed Redbird IMI is open to establishing a UK-based holding company for the Telegraph and its sister publication to secure the contested USD 600 mn takeover. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former SoftBank CEO Rajeev Misra wants to boost the size of his fund to more than USD 10 bn<\/p>\n","protected":false},"author":1,"featured_media":88366,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1551],"tags":[7,25,60,731,38,41],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-88365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uae-in-the-news","tag-enterpriseam-uae","tag-investment-watch","tag-ma-watch","tag-royal-group","tag-the-telegraph","tag-uae-in-the-news","wpautop","entry"],"acf":{"mongo_id":"a5508dfa-4080-4d5e-8a6e-6bd0be907567","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/2176.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Misra eyes more GCC funds + Telegraph takeover gets more ink","related_issue":[88345],"teaser":"Former SoftBank CEO Rajeev Misra wants to boost the size of his fund to more than USD 10 bn","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.a5607334-d212-4ae1-a2fe-718c8a81f4bb.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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