Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi- Kingdom Holding invests $400 million in Rizvi fund  Join our daily free Newsletter

MENAFN - Arab News - 17/06/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - Arab News) Kingdom holding company (khc) chaired by prince alwaleed bin talal announced its investment in the rizvi opportunistic equity fund iii.

khc recently invested in the rizvi opportunistic equity fund iii building on the previous successful relation which led to khc investment in twitter. the fund is specialized in pre-ipo opportunities in well-known and well-managed companies in the united states with a focus on technology e-commerce and social media. furthermore the size of the fund is expected to be 400 million.

rizvi traverse management believes in a value-oriented opportunistic investment strategy that combines capital with management expertise. rizvi traverse management seeks to actively create value at its portfolio companies by providing capital management resoces strategic direction and merger and acquisition advice. moreover suhail r. rizvi is the co-founder and chief investment officer of rizvi traverse management llc said.



in 2011 prince alwaleed and khc announced a combined investment in twitter. this investment was the result of several months of negotiations and comprehensive due diligence and represent a strategic stake in twitter.

founded in 1980 khc is a publicly traded company which was listed on tadawul (the saudi stock exchange) in 2007. khc is one of the world's most successful and diversified business organizations highly respected in the field of investments and recognized as an elite player in the arabian gulf region and internationally. the company is recognized as one of the largest foreign investors in the united states.


 


Arab News




  MENA News Headlines
 Feb 23 2017 - UAE- 97 motorists fined for not giving way to ambulancesKhaleej Times
(MENAFN - Khaleej Times) Drivers have been urged to be aware of what is going on around them Police have issued fresh warning against motorists failing to give way to ambulances and emergency ...

 Feb 23 2017 - UAE- Over 2 tonnes trash cleared from Yas Island beachKhaleej Times
(MENAFN - Khaleej Times) The Yas Beach Clean-up Campaign was carried out by the Abu Dhabi Municipality with the help of the Abu Dhabi Centre for Waste Management (Tadweer) Two-and-a-half tonnes of ...

 Feb 23 2017 - UAE- Quality field at Jebel Ali Racecourse for Friday's racesKhaleej Times
(MENAFN - Khaleej Times) The highlight at Jebel Ali Racecourse on Friday afternoon is a 1400m handicap which has attracted a quality field of 13, including Gobool, trained on the track by Dhruba ...

 Feb 23 2017 - UAE awaits Shaikh Hamdan's participationKhaleej Times
(MENAFN - Khaleej Times) Will Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, make it a hat trick of the His Highness Shaikh Mohammed bin Rashid Al Maktoum Endurance Cup ...

 Feb 23 2017 - UAE- Eswarah is favourite in Al Ain's seven-race cardKhaleej Times
(MENAFN - Khaleej Times) A seven-race card at Al Ain Racecourse on Friday evening is highlighted by a 1000m handicap for which ten have been declared. Champion Jockey, Tadhg O'Shea rides Eswarah ...

 Feb 23 2017 - Abu Dhabi F1: Hamilton wins race Rosberg world championKhaleej Times
(MENAFN - Khaleej Times) Nico Rosberg crackled on the team radio: "Can I do donuts, guys?" His Mercedes race engineer's reply was quick enough: "You're all good! Go for it!" Perhaps, the German ...

 Feb 23 2017 - UAE- Rupee drops against dollar, reaches 18.18 vs dirhamKhaleej Times
(MENAFN - Khaleej Times) The greenback's gains against other currencies overseas, put pressure on the rupee. The rupee was trading lower by 4 paise at 67.05 against the dollar (18.18 against UAE ...

 Feb 23 2017 - UAE- Raikkonen delivers another 'gem'Khaleej Times
(MENAFN - Khaleej Times) And, as is the case, the 'Iceman' was at it again. The world of Formula One very well knows that Kimi Raikkonen is not much of a talker. He can be a reporter's nightmare ...

 Feb 23 2017 - After Brexit, will 'Nexit' follow?Khaleej Times
(MENAFN - Khaleej Times) Election candidate calls for Netherlands 'to be independent again' For a small nation that has grown hugely wealthy thanks to centuries of doing business far and wide, the ...

 Feb 23 2017 - Why UAE is a magnet for global millionairesKhaleej Times
(MENAFN - Khaleej Times) UAE drew 5,000 millionaires in 2016, up from 3,000 in the previous year. Australia and the UAE have emerged as the most sought-after migration destinations for the world's ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help