Tuesday 21, March 2017 by Nabilah Annuar

Global Investment House makes substantial distributions on funds

Kuwait-based regional asset management and investment banking firm Global Investment House (Global), has announced that Global MENA Financial Assets, a fund  managed by its Private Equity Asset Management team has distributed around GBP 12.1 million (equivalent to USD15 million), which resulted from the sale of its majority stake in Jordan Trade Facilities, a consumer finance company operating in the Hashemite Kingdom of Jordan and accumulated dividends of its portfolio companies to its investors.

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