Title: Resolution No. (123) of 2025 Regarding Granting a Private Marketing License of a Collective Investment Scheme Incorporated outside the State of Kuwait to KAMCO Investment Company to Market the Units of Kamco Pre-IPO Tech Fund LP

Having Perused:
- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and amendments thereto; and
- The Memorandum and Articles of Association of KAMCO Investment Company and the agreement between the representative of the collective investment scheme which is FundRock Investment Management Service (ME) Ltd and the marketing manager KAMCO Investment Company; and 
- The application of KAMCO Investment Company to conduct a private marketing for the units of Kamco Pre-IPO Tech Fund LP; and
- Based on Resolution No. (04) of 2025 regarding amending the approval authorizations of the Supervision Sector’s procedures issued on 12/01/2025.

The Following Was Resolved
Article (1)
KAMCO Investment Company is hereby licensed to market 50,000,000 units (fifty million units only) of Kamco Pre-IPO Tech Fund LP as a private marketing in the State of Kuwait. It is incorporated in the United Arab Emirates. The offering price shall be USD 1 (One US Dollars only) per unit, in addition to a subscription fee not exceeding 2 % of the capital invested by the investor.

Article (2)
The marketed units shall be offered only for professional clients in the State of Kuwait 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 party receiving the subscription applications is the following:
- KAMCO Investment Company.

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: 08/07/2025
 

Copy of the Official Document