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Investcorp Balanced Fund launched
- Bahrain: Wednesday, April 27 - 2005 at 16:58
Bahrain-based investment bank Investcorp is seeking up to $300m for a fund of hedge funds, called the Investcorp Balanced Fund, mainly to invest in the US, reported Reuters. The bank said a new subscription in IBF, one of eight hedge funds run by the bank, would be open until the end of June with a minimum subscription of $5m.
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James McInerney, News EditorWednesday, April 27 - 2005 at 16:58 UAE local time (GMT+4)
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