Source: Reuters

LONDON (Reuters) - South African investment group Principal Capital Holdings said on Thursday it had launched a fund to invest in sub-Saharan infrastructure as European property investors look further afield in their global hunt for yield.

PME African Infrastructure Opportunities, which will be listed on the UK's AIM market, sold $180 million of shares to investors keen to gain a foothold on the continent, Principal Capital said in a statement.

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Posted by pichu at July 12, 2007 2:12 PM