Global Investment Launches Mid-East Buyout Fund

May 4 2007 | 12:08pm ET

Global Capital Partners, a subsidiary of Global Investment House, last month launched the Global Buyout Fund, which will invest in companies in the Middle East, North Africa and Turkey. The fund will also invest in Asian countries such as China, India and Pakistan, where it may find strong cross-linkage with businesses in the Middle East, according to the firm.

The firm said it decided to launch the fund because of the region’s exchanges having undergone major corrections, which has rationalized valuations of most listed, as well as unlisted, private companies.

“The companies from the region are increasingly looking for cross border acquisitions and business development synergies with international players,” the firm said. “Significant reforms are being carried out in the regional capital markets, with conscious effort by the governments to encourage private entrepreneurship.”

Bear Stearns International and JPMorgan Cazenove are distributing the fund to institutional investors in Asia, Europe and North America.

Global Investment House is a Kuwaiti investment company licensed by the Central Bank of Kuwait. It currently offers private equity, hedge and fixed income funds and managed K$2.1 billion (US$7.3 billion) in total assets as of the end of December 2006.


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Griffin Donates $1M To Rauner's Illinois Gov. Campaign

Sep 22 2014 | 9:29am ET

Hedge fund billionaire Kenneth Griffin definitely has a dog in this fight. The Citadel...

Guest Contributor

Top 5 Predicted Outcomes Of CalPERS' Hedge Fund Divestment

Sep 22 2014 | 8:35am ET

CalPERS’ announcement to divest of hedge funds has created a significant buzz...

 

Videos

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.