Thursday, 18 April 2019

Exclusive: Prince Khaled bin Alwaleed eyes IPO of KBW Investments as early as 2022 - The National

Exclusive: Prince Khaled bin Alwaleed eyes IPO of KBW Investments as early as 2022 - The National:

Prince Khaled bin Alwaleed’s private equity and venture capital company KBW Investments may go public as soon as 2022, its chairman said.

“It’s an option for the next three to five years,” Prince Khaled said in an interview with The National. “As soon as we start diversifying a little more our portfolio from construction, architecture and engineering and obviously the real estate, we can package them into one attractive deal and then go public.”

The Dubai-based company, founded in 2013, has a diversified portfolio worth about Dh3.5 billion with investments in the finance, media, property, construction, engineering, manufacturing, automation and technology.

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