The two investors join Millennium Capital as anchor limited partners in the fund, which will invest according to Islamic Shari'a-compliant in private equity deals in the Middle East, North Africa and the South East Asia. The three investors will be contributing 13% of the fund's total capital.
The limited partnership will be managed by Global Investment House, which already controls another Shari'a-compliant fund -- the $615 million Global Buyout Fund LP -- which closed earlier in 2008. - George White
See press release
