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 […]
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Private Equity Firm Sets Up before Sanctions Lift
An investment banker with dual UK and Iranian citizenship has set up Iran’s first private equity firm able to take foreign investment, according to a report from Business Insider. Xanyar Kamangar (pictured), who left his investment banking job at Deutsche Bank, wants to be ready for investment opportunities as soon as sanctions are removed. From […]