Leading Private Equity Firm HBG Holdings to pioneer Islamic investing on the AIM market
Jul | 2009
Dubai, London 14th July 2009 – HBG Holdings (“HBG”), a leading private equity investor and fund management business operating in the Middle East region, has today announced it will acquire strategic positions in companies listed on the Alternative Investment Market (“AIM”) of the London Stock Exchange.
HBG, whose shareholders include some of the leading private and institutional investors from the Gulf, will invest from its Cayman based HBG Special Opportunities Fund I (“HSOF”). HSOF, which is the first Shariah compliant private equity fund formed to target growth capital opportunities on AIM, will be opportunistic and focus on listed companies with experienced management and strong growth potential in the MENASA region.
