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Malaysia's EPF launches world's first Shariah-compliant PE fund, allocates $600m


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In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We ....

United Arab Emirates , Shariah Advisory Services , Amanie Advisors Ltd , Harbourvest Partners , Partners Group , Provident Fund , Employees Provident Fund , Advisory Services , Alizakri Alias , ஒன்றுபட்டது அரபு அமீரகங்கள் , கருப்பு பாறை , கூட்டாளர்கள் குழு , வருங்கால நிதி , ஊழியர்கள் வருங்கால நிதி ,

EPF launches world's largest syariah private equity SMA fund with US$600m allocation


KUALA LUMPUR (Feb 26): The Employees Provident Fund (EPF) said it had launched a syariah private equity (PE) direct and co-investment separate managed account (SMA) fund with an allocation of US$600 million (RM2.43 billion).
This is the world s first and largest syariah private equity SMA fund, said the EPF in a statement today.
Through the allocation, the EPF will have three SMAs of US$200 million each to be managed by three private equity fund managers BlackRock, HarbourVest Partners LLC and Partners Group AG with a global mandate that focuses on direct and co-investment strategies into growth and buyout transactions.
The investment period is from 2021 to 2025, while the fund term will run from 2021 to 2031, subject to further extensions with the EPF’s consent. ....

Kuala Lumpur , United Arab Emirates , United States , Shariah Advisory Services Sdn Bhd , Amanie Advisors Ltd , Partners Group , Harbourvest Partners , Provident Fund , Employees Provident Fund , Advisory Services Sdn Bhd , Tunku Alizakri , North America , Greater China , குவாலா லம்பூர் , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஒன்றுபட்டது மாநிலங்களில் , கருப்பு பாறை , கூட்டாளர்கள் குழு , வருங்கால நிதி , ஊழியர்கள் வருங்கால நிதி , வடக்கு அமெரிக்கா , அதிகமானது சீனா ,