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Kuwait bank to invest EUR450mln in Shariah-compliant healthcare

Posted on 06 October 2011

The US subsidiary of UK investment manager Grosvenor is to create a $600m (€450m) fund targeting US healthcare assets for the Kuwait Finance House (KFH), an AUM $37bn Islamic bank that manages real estate assets for the Kuwait Investment Authority sovereign wealth fund.
Grosvenor’s US subsidiary will create the segregated account based on assets it already owns in line with KFH’s real estate investment strategy to “target profitable real estate in major markets”……………………………………….Full Article: Source

 
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