INTL Consilium To Launch Africa, Mideast Hedge Fund

Jun 4 2008 | 10:33am ET

International Assets Holding Corporation today said that its joint venture partner INTL Consilium will launch a hedge fund dedicated to Africa and the Middle East.

The fund will invest in both debt and equity instruments in the region, and is expected to launch on July 1 with about $100 million in assets.

INTL Consilium is already one of the largest foreign investors in Africa with over US$700 million invested in 18 countries across a broad range of debt and equity securities.

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