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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials, Fund Profile/New Launches

New Qatari investment fund to do IPO

Posted on 08 April 2013

A new sovereign wealth fund backed Qatari investment fund worth US$12 billion would undertake an initial public offering by May. This is part of the Gulf kingdom’s plan to share its wealth with its citizens and institutions.
The fund is Doha Global Investment Co and would have a total capitalization of Eur9.6 billion, where 50% would be paid up capital. This was confirmed by Hussain Ali Al Abdulla, the chairman of Qatar Exchange’s board of directors………………………………………..Full Article: Source


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