Tag Archives | investment funds

Swedish Firm to Launch IPO for Investment in Iran

A senior official with a Swedish firm said the company plans to launch an Initial Public Offering (IPO) to raise finance for investment in Iran. Pomegranate Investment AB is looking to launch the first IPO to raise capital for investment in Iran, Florian Hellmich, the chief executive of the firm, said as cited by Reuters […]

Griffon Capital launches $108m Iran Fund

By John Lee. Tehran-based Griffon Capital has launched an offshore, Iran-focused equity fund and is seeking to raise 100 million euros ($108.28 million) from European investors by year-end, according to a report from ArabianBusiness. The new Griffon Iran Flagship Fund is to be domiciled in the Cayman Islands, managed by Griffon Asset Management, and focused […]

Investment Firms Buying Iran Shares

By John Lee. UK’s Charlemagne Capital has bought around $50 million of 18 Tehran-listed stocks, joining another British investment company, Sturgeon Capital, that bought shares in Iran’s stock market in December. The company was reported last year to have teamed up with Turquoise Partners, a Tehran-based investment firm. Dominic Bokor-Ingram from Charlemagne Capital told Reuters: […]

One of the First Funds Investing in Iran Launched

International law firm Simmons & Simmons has acted on the restructuring of the Sturgeon Central Asia Fund, to enable it to be one of the first funds to invest in Iran. In a statement, the company said: “Although the repeal of pre-existing sanctions is good news for those wanting to do business with Iran, restrictions […]