Phoenicia Group Introduces Libya Fund; Launches Breakthrough Libya-Focused Private Equity Fund

TRIPOLI, Libya – Feb. 13 (SEND2PRESS NEWSWIRE) — Phoenicia Group Libya, the leading U.S.-Libyan diversified business and consultancy group, announced today Libu Capital S.A, its dedicated Libya-centered private equity firm offshoot, has secured $95,000,000 in commitments surpassing initial expectations and reaching its first close target for its $300,000,000 Tripoli-based Libya Fund.