GC Equity Partners Fund II, a late stage fund with in excess of $500m of committed capital, is the regional private equity fund which derives the majority of its investors from international markets including the US, Europe and Asia.

Gulf Capital head of business development at private equity Muhannad Qubbaj said this fund puts them at the forefront of private equity investing with one of the largest private equity funds raised in the region.

"JP Morgan is a leading international private equity administrator and has the scale of service and industry knowledge necessary to help us create maximum value and transparency for our large client base," added Qubbaj.

JP Morgan WSS Asset Managers and Alternative Investments Markets manager for EMEA Brian Coughlin said JP Morgan has done business on the ground in the Middle East for 50 years. They look forward to working with Gulf Capital and helping them best serve their investors by providing them with market-leading client service.