Etqaan Shariah Capital Partners, a private equity joint venture between The National Investor ‘TNI’ and KIPCO Asset Management Company K.S.C. ‘KAMCO’, is announcing the first close of its Etqaan Shariah Fund (the ‘Fund’).
TNI, a Abu Dhabi based investment company, and KAMCO, a member of the Kuwait Projects (Holding) Company (KIPCO), one of the region’s largest diversified businesses, are seeding the Fund with $20m, and will continue to fundraise in regional and international markets, subject to country specific regulatory approvals……………………………………….Full Article: Source