Guidance provides Gulf investors with unique Islamic private equity opportunity

Guidance structured the fund in collaboration with Navis Capital Partners ('Navis') to offer Islamic investors in the Gulf and South-East Asia the opportunity to participate in Navis's latest $86 million round of fund raising. Guidance is a sponsor and Shariah advisor to the fund and spearheaded its placement in the Arabian Gulf.

The fund makes acquisitions of market-leading enterprises in well-established industries throughout Asia through management buy-outs, management buy-ins, restructurings and recapitalisations. Fund investments are made by Navis, which was established in 1998 by former senior executives of The Boston Consulting Group.

'Access to professionally managed buyout funds has been practically non-existent for Shariah-compliant investors,' stated Dr. Hasnita Hashim, Guidance's Head of Institutional Business and Product Development. 'There is no reason why Islamic investors should not have access to world-class private equity groups. Guidance is committed to bridging this gap.'

'We are pleased to have had the opportunity to structure Asia's first Islamic buyout fund and to offer our investors access to one of the best performing and reputable investment teams in Asia.'