06.11.2014 - Kuwait targets property lending with €1.2bn for Cale Street
Kuwait Investment Authority is backing a new London-based property investment group Cale Street Partners with €1.2bn, aimed at building the sovereign wealth fund a new platform for real estate lending in Europe. Cale Street was established in July by former Goldman Sachs’s global real estate principal investment head Edward Siskind, according to company filings. Just weeks later a separate entity, Cale Street Holdco Ltd, was established, whose board includes Martin Dore and Charles Magnay from KIA’s London-based investment arm, Kuwait Investment Office...............................................Full Article: Source
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