Retirement Fund – KWAP – has allocated RM6 billion for private capital investment under Dana Pemacu.
Dana Pemacu will be executed through Separately Managed Account funds in partnership between local talents and top international investment managers across three different asset classes – private equity, infrastructure and real estate. The RM6 billion capital commitment will be invested via conventional and syariah-compliant SMAs, with 50% to be syariah-focused, unlocking the potential of Islamic equity capital in creating a greater impact in syariah-compliant investment and enhancing the overall private markets, as well as offering unique opportunities for ethical and socially responsible investing.
“Furthermore, this initiative will bring global best practices and expertise to the local market as well as driving knowledge-transfer and industry network – enhancing local talents,” she added.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: theSundaily - 🏆 25. / 51 Read more »
Source: DNewsAsia - 🏆 23. / 51 Read more »