The Kuwait Capital Markets Authority approved KAMCO Investment Company’s establishment of the KAMCO UK Real Estate Assets Holding Fund in Kuwaiti dinars. The variable capital fund will be offered through private subscription, with capital ranging from KWD 100,000 to KWD 165 million and up to 165 million units carrying a nominal value of KWD 1 each. Each investor must initially subscribe at least KWD 100,000, while subsequent subscriptions may be made in any amount. The fund has a three-month temporary license from the start of subscription to meet the authority’s requirements and minimum capital threshold, during which it may not conduct fund activities. Once the minimum capital is met, it will receive a three-year license from the date of registration. The fund will have an eight-year term from registration, renewable for equivalent periods with the authority’s approval and the consent of unitholders representing more than 50% of issued capital.
2026-09-07Kuwait Capital Markets Authority
Kuwait Capital Markets Authority approves KAMCO UK real estate assets fund with capital of up to KWD 165 million
The Kuwait Capital Markets Authority approved KAMCO Investment Company’s UK real estate assets holding fund for private subscription, with variable capital of up to KWD 165 million and a KWD 100,000 minimum initial investment. The fund has a three-month temporary license to meet capital and regulatory requirements before receiving a three-year operating license.