With each party contributing $50 million, QInvest, Qatar’s leading investment bank, and Fortis Bank Nederland formed a joint venture, QInvest-Fortis Bank Nederland Shipping Fund, which will provide Sharia’a compliant tailor made financing solutions to the shipping industry. The fund will be jointly managed by Fortis and QInvest and will open soon to third party subscriptions. The fund is tailored to provide attractive, yet secure and stable returns to investors while offering portfolio diversification. For the shipping industry, another source of liquidity and capital is most welcome.
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Tags: · Fortis Bank Nederland, QInvest, QInvest-Fortis Bank Nederland Shipping Fund
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