Iranian Private Equity fund signs deal with UK company

Iranian fund partners with UK company to develop investment opportunities in Iran

Online PR News – 26-August-2018 – tehran – Tehran-Iran

Press Release
For Immediate Release

Tehran- Iran : Aug 25th - Farda Roshan Ltd Business woman and chief executive officer Ms.Farzane Salimiyan Announced today the signing of a cooperation agreement for its private equity fund with a European financial partner Red Admiral Investment Group, represented by International Business consultant Mr. David Whitefoot , when asked to comment Ms.Salimiyan said she was very excited about the prospects for this agreement as private equity in Iran is in its infancy and she is fully confident that returns of up to 38% are achievable with her private equity fund for investors.
With new US sanctions imminent, the intent of the partnership with Farda Roshan Ms. Farzane Salimiyan has said the partnership is exceptionally good news, she added with the introduction of new unreasonable US sanctions being applied to Iran are unfair as clearly Iran has adhered to the terms and conditions of the JCPOA agreement.
Mr. David Whitefoot has extensive global experience in business development and investment in the technology field, having spent some time in Iran he commented that The UK is still a signatory to the JCPOA agreement (known as Iran nuclear deal) and as such is not subject to US secondary sanctions however he feels that such unreasonable behaviour by the US government will lead to better export opportunities for Iran and will enhance FARDA ROSHAN's private equity offering, and by working with local banks and financial institutions and investing in established manufacturing businesses in Iran, increasing recruitment, retraining the Iranian work force and re-equipping and updating manufacturing technology, updating processes which will enhance Iranian export capability.
When asked the comment 'Mr. Whitefoot said Iran has a highly educated and dedicated work force he was confident that with the full cooperation from Banks and financial institutions they could create a unique partnership.