Financial and Banking News
Framlington To Launch Egyptian Investment Fund
UK fund managers Framlington will start marketing a $20mn-30mn Egyptianinvestment fund at the end of October. The fund will invest in local quotedequities, but will be permitted to place up to 25% of its funds in unlistedprivate holdings. The minimum investment will be $100,000 and the fund isexpected to have a minimum life of five years. The fund will be based in theCayman...
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