Al Mal Capital to act as local promoter in the UAE of Phoenix Legal Financing Fund I

Al Mal Capital to act as local promoter in the UAE of Phoenix Legal Financing Fund I

Dubai,  UAE  –  September 10,  2013  –  Al  Mal  Capital  is  very  pleased to  announce its appointment as the local sponsor and promoter in the United Arab Emirates of the Phoenix Legal Financing Fund I pursuant to a Promotion and Distribution Agreement with Centaur Asset Management Ltd., the fund’s investment advisor.  Al Mal Capital has applied for and received the approval of the Emirates Securities and Commodities Authority for promotion and distribution of the Phoenix Legal Financing Fund I in the UAE.

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Raising the bar

Raising the bar

Identifying a gap in the market, Howard Nicholson of Centaur Asset Management talks to Mena FM about the firm’s new legal financing litigation fund – and the growth prospects this concept may find within the Mena region

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