8/2/2019 QIB _UK_ Eden Rock October 2010
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QIB(UK)FORMSSTRATEGICPARTNERSHIPWITHEDENROCKCAPITALMANAGEMENTLLPLondon,
25 October 2010:QIB (UK) plc has formed a strategic partnershipwith
Eden RockCapitalManagement LLP to address the investment
opportunities in theUK created by the
ongoing constraints within the banking system to fund small and
medium sized UKbased
companies.
InJuly,EdenRock
launchedtheEdenRockDirectLendingFundwhichprovides investorswith
accesstoabroadnetworkofprivatelyoriginatedtransactionsinthemidmarketsector.
Whilst
Eden
Rock
has
a
global
mandate,
the
partnership
with
QIB
(UK)
is
focused
on
co
investment
in
EdenRocksUKdealsonly. InselectingEdenRockasapartner,QIB
(UK)wasattractedbythe
firmsexperienceandnetworkbuiltupoverthepast10yearsaswellas
itsdealselectionand
underwriting criteria.EdenRockwaspleased topartnerwithQIB (UK)as
it isanestablished
IslamicinvestmentbankwithstrongconnectionsthroughouttheMiddleEastandtheUK.
MichaelClark,CEOofQIB
(UK),commented,Currentmarketconditionsofferunprecedentedopportunities
to invest in strong companies that have not been able to access the
requiredfunding togrow their respectivebusinesses. QIB (UK)
isdelighted toworkwithEdenRock
infurtheringourcommitmenttocompaniesinthissector.JamesMatthews,CEOofEdenRock,said,WearedelightedtobeworkingwithQIB
(UK),astheyareanestablishedyet innovative Islamic
investmentbankandtogetherweareexcitedbythegrowthpotentialofthisnewinitiative.Forfurtherinformationpleasecontact:
QIB(UK)AkbarAhsan Tel:+44(0)2072687231
BuchananCommunicationsBobbyMorse/JamesStrong
Tel:+44(0)2074665000
BackgroundforEditorsQIB(UK)QIB
(UK)
is
asubsidiary
of
Qatar
Islamic
Bank
which
is
headquartered
in
Doha,
Qatar,
and
one
of
the
largest
independent Islamic banks in the Middle East. QIB (UK) received
its authorisation from the Financial Services
AuthorityinJanuary2008.QIB(UK)offersinvestmentbankingproductsandsolutionstoawiderangeofclientsinthe
UK and plays amajor role in attracting investment from theMiddle
East into theUK and Europe.QIB (UK) also
supportsUKandEuropeaninstitutionslookingtoinvestintheMiddleEasternmarkets.
EdenRockEdenRockCapitalManagementLLP isanalternative
investmentmanagementfirmwithaspecific focusonprivate
lendingstrategies.
Thefirmwasfoundedin2001andcurrentlyadvisesonassetsinexcessofUS$1.4bnfromoffices
inLondonandNewYork.
