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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Investment

Dubai sovereign wealth fund takes effective control of Kerzner International Hotels

Posted on 07 April 2014

The Investment Corp. of Dubai (ICD), which is the Sovereign Wealth Fund of the Emirate of Dubai, today announced it has taken over leadership and control of luxury hotel chain Kerzner International Holdings Limited (KIHL).
Founded by South African entrepreneur Sol Kerzner the hotel group built resorts in the Bahamas, and also the famed luxury Atlantis palm island resort in Dubai itself………………………………………..Full Article: Source


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