Lesha Bank Announces QR273 Million Indirect Investment in Global Private Equity Fund

Doha, June 30 (QNA) - Lesha Bank LLC (Public) announced on Tuesday an indirect investment of approximately QR 273 million through an investment fund managed by the bank in CVC-PE Global Private Equity, a sub-fund of CVC Private Equity Strategies Funds S.A. SICAV (the CVC Fund).
In a disclosure filed with the Qatar Stock Exchange (QSE), the bank said the investment forms part of its strategy to strengthen its investment presence and diversify its activities in line with its sustainable growth objectives.
It added that the investment was structured through a special purpose vehicle (SPV) and executed in accordance with Shari'a principles. (QNA)