Goldilocks said in a statement that it supports the Bahraini Islamic investment bank’s long term growth and intends to request board representation.
The Ministers of Finance of the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Kuwait…1256 | the publication reaches you by | Bahrain News
It said it is supported by other GFH shareholders, Integrated Capital and Abu Dhabi Financial Group (ADFG).
Launched in 2015, Goldilocks is an investment fund with a mandate to invest in listed equities by taking a constructive activist role to unlock value.
The fund, which did not disclose the value of the deal for the GFH stake, is managed by ADCM Altus Investment Management Limited, an indirect subsidiary of ADFG.
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