Arab Finance: CI Capital Holding for Financial Investments (CICH) is seeking to launch an equity fund in partnership with Compass Capital, with initial investments ranging from EGP 2 billion to EGP 3 billion, two sources familiar with the matter told Asharq Business on Monday 23rd.
The fund is expected to be launched in the first quarter (Q1) of 2023, one of the sources said.
Moreover, the source added that the fund targets investing in EGX-listed companies.
CI Capital is a leading provider of investment banking and non-bank financial services in Egypt. The group has a presence in New York and Dubai, offering offers a wide range of financial solutions.
