KWAP allocates RM6 billion for private capital investment under Dana Pemacu

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Hayatun Razak News

Business Business Latest News,Business Business Headlines

KUALA LUMPUR: Retirement Fund (Incorporated) – KWAP – has allocated RM6 billion for private capital investment under Dana Pemacu. KWAP will allocate R...

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in BUSİNESS

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.

KWAP unveils RM6b investment drive ‘Dana Pemacu’, targeting key sectorsKUALA LUMPUR: The Retirement Fund Inc’s (KWAP) launched a new private capital investment today named ‘Dana Pemacu,‘ with an allocation of RM6 billion....
Source: theSundaily - 🏆 25. / 51 Read more »

KWAP allocates US$1.28bil for private capital investment via Dana PemacuTargeting key economic sectors and impact-related themes under Ekonomi MADANI 50% will be Shariah-focused, unlocking Islamic equity capital, create greater impact Malaysian Anwar Ibrahim announced today that Kumpulan Wang Persaraan (Diperbadankan) (KWAP) will invest US$640 million (RM3 billion) in Shariah compliant investments, making up 50% of...
Source: DNewsAsia - 🏆 23. / 51 Read more »