Griffon Starts $108 Million Fund to Invest in Iranian Stocks

  • Tehran-based firm to pitch fund in the U.K. next month
  • Iran has `very compelling' story, Griffon's Malayeri says

Griffon Capital, a Tehran-based firm set up by a group of international and Iranian investors including Xanyar Kamangar in anticipation of Iran’s nuclear deal, is seeking to raise 100 million euros ($108.2 million) by the end of the year for a new offshore fund specializing in the country’s stocks.

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