CmaBoardReleases
Title: Resolution No. (150) of 2025 Regarding Granting a Private Marketing License of a Collective Investment Scheme Incorporated outside the State of Kuwait to Boubyan Capital Investment Company to Market the Shares of Sophomore Equity 2 Limited Portfolio
Having Perused:
- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments; and
- Memorandum and Articles of Association of Boubyan Capital Investment Company, and the agreement between the representative of the collective investment scheme which is INVESTCORP Asset Advisory Services Limited and the marketing manager Boubyan Capital Investment Company; and
- Application of Boubyan Capital Investment Company to conduct a private marketing for the shares of Sophomore Equity 2 Limited Portfolio; and
- Based on Resolution No. (04) of 2025 regarding the amendment of the approval authorizations for the Supervision Sector's procedures, issued on 12/01/2025.
The Following Was Resolved
Article (1)
Boubyan Capital Investment Company is hereby licensed to market 85 shares (eighty five shares only) of Sophomore Equity 2 Limited Portfolio as a private marketing in the State of Kuwait. It is incorporated in the Cayman Islands. The offering price shall be GBP 100,000 (one hundred thousand Great Britain Pounds US only) per share.
Article (2)
The shares to be marketed in the State of Kuwait shall be offered only for professional clients according to Module One (Glossary) of the Executive Bylaws of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments.
The parties receiving the subscription applications are the following:
- Boubyan Capital Investment Company.
- Boubyan Bank.
Article (3)
The objectives of the Collective Investment Scheme are as mentioned in the prospectus.
Article (4)
The marketing license term is one year renewable annually from the issuance date of the CMA’s license, and after paying the prescribed fees.
Article (5)
The prescribed fees shall be paid within one month from the date of issuance of this Resolution. In case of default, this Resolution shall be considered null and void.
Article (6)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.
Zeyad Al-Fulaij
Head of Supervision Sector
Issued on: 07/08/2025.

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