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Fernvale Investments commits 75m to PAIP
Filed under NewsFeb 9JEDDAH: Fernvale Investments (Mauritius) Pte Ltd. is making a capital commitment of $75 million to Pan-African Investment Partners II Ltd. (the second Kingdom Zephyr fund, known as PAIP II). This was announced here on Monday by Kingdom Holding Company (KHC).
Fernvale is a wholly owned indirect subsidiary of Temasek Holdings (Private) Ltd.
Tagged as: Africa;, Ahmed Reda Halawani, Alwaleed bin Talal;, chairman, Cote d'Ivoire, Development Bank;, director for Private Equity, executive director, Fernvale Investments, Fernvale Investments (Mauritius) Pte Ltd., heavy building materials, indirect subsidiary, International Finance Corporation;, investment bank, JEDDAH, Johannesburg Stock Exchange, Kingdom Holding Company;, Madagascar Mixta S.A., Netherlands Development Finance Company, Pan-African Investment Partners II Ltd., Prince, Private, South Africa;, Temasek Holdings (Private) Ltd., Thunnus Overseas Group, USD;
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