Istithmar Invests $100m in NoCo A LP

Author: 
Arab News
Publication Date: 
Fri, 2006-06-16 03:00

DUBAI, 16 June 2006 — Istithmar PJSC, a major international investment house based in the UAE, announced an investment of $100 million in (NoCo A LP) and its investment management business, the new financial services firm headed by Joseph Perella. (NoCo A LP) will provide corporate advisory and investment management services to clients around the world. Sultan bin Sulayem, executive chairman of Istithmar, said, “With the growth and complexity in today’s global financial services landscape, we believe that our investment in (NoCo A LP) will be a great asset for Istithmar. We look forward to many years of successful partnership.”

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