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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

Abraaj Capital announces exit of investment in IHH

Posted on 26 July 2012

The Abraaj Capital has announced the exit of its investment in IHH through an initial public offering (IPO). Approximately $2 billion was raised in the offering, making it the third largest IPO to date this year.
Cornerstone investors, such as Blackrock, Capital Group, Fullerton Fund Management Company (Temasek), the government of Singapore Investment Corporation (GIC), Kuwait Investment Authority (KIA), Employees Provident Fund Board, and the International Finance Corporation (IFC) accounted for 62 per cent of the share offering………………………………………..Full Article: Source


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