Saturday, 31 January 2015
Last updated 14 hours ago
Mar 25 2010 | 12:16pm ET
Bahrain’s sovereign wealth fund may make its maiden investment in hedge funds next year.
“Yes, we are looking at potentially investing in hedge funds in the future,” Hani Redha, investment manager at the US$14 billion Bahrain Mumtalakat Holding Co., told HFMWeek. “It won’t happen this year, but the following year is a possibility.”
Redha said the sovereign fund was seeking to diversify its potfolio. He added that a hedge fund investment would be its first foray into alternative investments of any kind.
BMH has not decided how much to allocate to the asset class.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…