$152 million is the sum of capital which has been raised, closing its first fund. After less than 4 months of operations, there has been a successful establishment of a first investment fund, in a time when the markets are far from stable. The projections for the coming months have the fund achieving another closing reaching $300 million by early 2009.
Hassan Nemazee serves on the Advisory Board and appears in Market Watch, The Wall Street Journal Digital Network.
For the full press release, click here.
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