Bahrain Sovereign Fund Mulls Hedge Funds

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.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Looking for a way to keep warm during the cold weather or rather alleviate your cold while under the weather?