SHUAA Capital, the leading regional financial services company, today announced that it has successfully closed its SHUAA Partners Fund 1, yielding significant returns despite the tough market conditions.
During the Fund’s vintage period, from 2005 to 2012, public equity markets in the UAE (MSCI UAE Index) posted a decline of 78%.
Following the sale of two remaining investments, SHUAA Partners Fund 1 has generated an IRR of 7.6% over its investment period.
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