HFM – Bahrain’s $14bn sovereign wealth fund (SWF) is considering making its first ever allocation into the hedge fund sector, HFMWeek can exclusively reveal.
The Bahrain Mumtalakat Holding Company, which was established in June 2006, has confirmed that it is looking to invest into the asset class as early as next year. Hani Redha, an investment manager at the SWF, told HFMWeek, “yes, we are looking at potentially investing in hedge funds in the future. It won’t happen this year, but the following year is a possibility.”