{"id":7930,"date":"2008-06-19T00:00:00","date_gmt":"2008-06-19T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"egypts-naeem-said-to-start-19-million-pre-ipo-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2008\/egypts-naeem-said-to-start-19-million-pre-ipo-fund.html","title":{"rendered":"Egypt&#8217;s Naeem Said to Start $19 Million Pre-IPO Fund"},"content":{"rendered":"<p>Black Enterprise- Naeem Holding, Egypt&#8217;s second-largest investment bank by market value, will start a 100 million Egyptian pound ($19 million) fund to buy stakes in firms planning public listings, its chief executive said on Wednesday [June 18]. <\/p>\n<p>The fund would buy stakes in up to eight companies in its first year ahead of their listing on Nilex, Egypt&#8217;s stock exchange for small and medium sized companies, Hany Tawfik told reporters. Naeem would finish raising money for the fund by mid-July, he said. <\/p>\n<p>&quot;The growth for small-cap funds generally outperforms other funds,&quot; Mr. Tawfik said. <\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.blackenterprise.com\/yb\/ybopen.asp?section=ybaa&#038;story_id=118378318&#038;ID=blackenterprise\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Black Enterprise- Naeem Holding, Egypt&#8217;s second-largest investment bank by market value, will start a 100 million Egyptian pound ($19 million) fund to buy stakes in firms planning public listings, its chief executive said on Wednesday [June 18]. The fund would [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[309,448,698,421,243,971,970],"class_list":["post-7930","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-farmland","tag-funnels","tag-investment-portfolio","tag-nutmeg","tag-percent-stake","tag-prentis","tag-typical-family"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7930"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7930\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}