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KFI, KIC, KFH launch fund
- Kuwait: Sunday, June 17 - 2007 at 15:38
Bahrain's Khaleej Finance and Investment, the Kuwait Investment Company and the Kuwait Finance House have signed a partnership agreement to manage and promote the $200m shariah compliant Indian Private Equity Fund, targeting a variety of activities in various sectors, including real estate and industry in India. The fund is designed to generate an internal rate of return exceeding 25% after a five year investment period.
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Jonathan Sheikh-Miller, Deputy EditorSunday, June 17 - 2007 at 15:38 UAE local time (GMT+4)
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