Islamic fund manager, KFH Asset Management, will unveil a new $300 million fund, Arabian Business reports. The subsidiary of Malaysia’s Kuwait Finance House will raise the money from Gulf investors for the portfolio, which will invest in waste management and light manufacturing companies. The new fund will invest in consumer, healthcare and education businesses by end 2012. It will target in operations in Malaysia, Singapore, Thailand, Vietnam, Indonesia and China and companies with an enterprise value of about $100 million.
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