Iraq’s First Hedge Fund
$100 million! From the WSJ:
Iraq Fund LLC, Iraq’s first hedge fund, aims to raise as much as $100 million within 18 months for investment in companies listed on the local bourse and in state enterprises, a company official said.
The fund, launched despite the ongoing violent conflict in the country, primarily targets undervalued, Iraq Stock Exchange-listed firms and state-owned companies in manufacturing, construction, cement and pharmaceuticals, Iraq Fund operational director Rand Hultz told Dow Jones Newswires at a Dubai conference.
“We target $100 million. There have been delays, but we’d like to do it within the next 12 to 18 months, Hultz said.
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Posted: August 29th, 2007 under Emerging Markets, General, hedge funds.
Comments: 6
Comments
Comment from Luke
Time: November 4, 2007, 9:26 pm
Sounds like it may have some promise…but alot of risk as well.
Comment from Hedge Fund Blog
Time: January 12, 2008, 3:09 pm
Hmm do you have any additiona articles or white papers on this topic? I would like to reference your blog and write about this in my own hedge fund blog.
Thanks in advance.
- Richard
Richard@RichardCWilson.com
http://richard-wilson.blogspot.com
Comment from jorena Williams
Time: February 27, 2008, 10:32 am
Mr. Hultz, please contact me via e- mail, thanks jorena
Comment from equifax credit services
Time: March 26, 2008, 2:01 am
Hello, I’m a regular visitor to your site so i finally decided its time to sign your guestbook, so here i sign !
Comment from visit now
Time: April 27, 2008, 10:07 am
Just stopped by to visit and got the crunch on your stuff in here - bravo!
Comment from jeremy
Time: June 5, 2008, 8:57 am
Is this the same Rand Hultz that I served with in Iraq with the 2nd ACR COLTS, If so can’t believe it panned out for you, Hope everything continues to go well for you.
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