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Name of Transaction Oryx / STIC Korean Technology Fund, L.P.
Nature of Transaction Private Equity Pre-IPO Buyout Fund
Size of Transaction $150 million
Type Close End Fund
Expected Return/Return since inception IRR of 25%
Description The Fund focuses on late stage companies involved in Next Generation Communications, Home Networks, Mobile Communications, Display Technologies, Digital TVs, Computing Platforms, Semiconductors (IT SOC), Digital Contents, Telematics and Intelligent Robots. The Target companies' market capitalisation will ordinarily be in the range of US$10 million to US$100 million and taken together the Partnership's investments will typically represent 10 to 20% ownership in medium-sized private and publicly listed companies.


 
This is to ensure the products that we choose to structure and make Shariáh compliant are of the highest caliber, in respect of performance track record, regulation, management and future returns






This service extends to providing a guide on likely costs involved in launching a Shariáh compliant product, including the cost of structuring, procuring a Fatwa and placing an appropriate Shariáh Board on the product.

 
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