Friday, 5th September 2008

 

24 July 2008 - Press Briefing

Bahrain family office seeks AIM listing

Family Shari'ah Fund on Wednesday said that it has successfully closed a $31.5m (€20m) placing undertaken by The Family Office Company, a Bahrain-based wealth management multi-family office, according to a report in Bahrain Tribune.

The capital will be used to launch the company, which will have a new multi-asset class investment fund and will offer exposure to a variety of Shari'ah compliant investments.

The company has asked Blomfield Corporate Finance, its nominated adviser in London, to proceed with its application for entry to the AIM market, said the report.

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