UK venture capital firm Oxford Capital Partners and Qatar National Bank and its private banking subsidiary Ansbacher Group have teamed up to form Qatar Capital Partners (QCP), a venture capital business in the Gulf state.
Last September the consortium won the mandate to run two funds for the Qatar Science & Technology Park (QSTP), designed to establish Qatar as a centre for technological innovation.
Qatar is looking to emulate the success of the US, where 10% of GDP and 11% of all jobs are generated by venture capital investments.
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