KN&P with SEDCO Capital on the Fund establishment

Khalid Nassar & Partner Lawyers and Legal Consultants (“KN&P”) advised SEDCO Capital on the successful establishment of SEDCO Capital Multi Asset Traded Fund (Closed-ended Traded Fund) (the “Fund”). According to its published terms and conditions, the Fund aims to provide investors with long-term capital growth and sustainable income distribution through a diversified portfolio of local and global public equities, income assets, and private equity investments.

KN&P’s team

KN&P’s team advising SEDCO Capital on the Fund establishment included partner Mohamed Alnafea (pictured), senior associate Marya Mufti, associate Bader Alrasheed, whom are part of KN&P’s capital market team.

SEDCO Capital

SEDCO Capital, recently, announced the successful closing of offering period of the Fund which attracted local interest, achieving a net subscription amount of SAR 300 million and which will be listed on the Saudi Market (Tadawul) within 20 business days after the end of the offering period.