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Funds

GIH is renowned for its investment expertise and Fund performance. The Investment Fund Department of GIH provides a range of investment products across diversified asset classes. With a proven track record of over 10 years, it has established and managed several world-class Funds. The following are the Funds that are successfully exited, and currently under the management of GIH’s Investment Funds Department:

Successfully Exited :


The Bunyan Fund

			The Bunyan Fund was launched in May 2001 with a capital of US $26.95 Million and an objective of investing in the construction of multi-family Class “A” rental apartment complexes in the U.S. The Fund achieved an IRR of 13.15% (targeted IRR 15%).


US Residential Condominium Fund

			Launched in March 2005 with an objective of investing in multifamily residential conversion, the Fund had a capital of US $15.30 Million. It was however, wound up in May 2006 and returned with an IRR of 28% to investors (net amount over a period of 13 months) compared to targeted IRR of 18%.

Currently Managed


Care Fund

			The Care Fund was launched in May 2005 with the objective of investing in the construction of Medical Office Buildings (MOBs) located on the premises of reputed hospitals in the US. The Fund was launched with a capital of US $32.7 Million and a Fund life of 5 years. The target IRR of the Fund is 11% with an annual cash yield of 8% – 9.5% (distributed quarterly).


US Residential Condominium Fund II

			The US Residential Condominium Fund II was launched in May 2006 with a capital of US $45 Million. Its objective, like its predecessor, was to invest in condominium conversion and multifamily residential unit development in the US. It has a Fund life of two years with one year optional extension and a targeted IRR of 18%.


Care 2 Fund

			The Care 2 Fund was launched in April 2007 to capitalize on the success of the Care Fund. The capital of the Fund is US $60 Million with a Fund life of 4 years and a one year optional extension. The target IRR of the Fund is 11% with an annual cash yield of 8.5% – 9.5% (distributed quarterly).


Durrat Al Marina

			GIH is the underwriter for the Durrat Al Marina Fund. The Fund objective is developing numerous clusters of land into luxury beachfront residential units in the Kingdom of Bahrain. The Fund has a capital of BD 61 Million and a targeted IRR of 25%. The Fund life is three years with an optional one year extension.

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