Gulf Opportunity Fund is taking a 70% stake in L'azurde

The Gulf Opportunity Fund made it's second investment by taking a 70% stake in L'azurde, the world's fourth largest manufacturer of gold and jewellery and leading Middle East brand. The Fund is led by Investcorp and its consortium partners Eastgate Capital Group, is the private equity investment arm of NCB group of Saudi Arabia, and The National Investor.