DUBAI Oct 13 Private equity firm The Carlyle
Group expects to seal deals in manufacturing, food and beverage,
health care and building materials in the Middle East and North
Africa through its $500 million fund, its top official says.
"Most of our money is intact, we expect to close a number of
deals in the near future," Walid Musallam, managing director at
Carlyle, told Reuters in an interview, adding that he was more
comfortable with valuation levels.
Carlyle established a regional presence in 2007 and has
offices in Cairo, Dubai and Istanbul.
(Reporting by Nicolas Parasie, editing by Natsuko Waki)