Sedco said that investors can now access a total of seven investment funds with total assets under management past the $1 bn mark.
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The latest funds on this platform, the SC Income Fund and SC Global Markets Sentiment Fund, have been launched with an initial size of $100 million and $150 million respectively.
"Both funds have a range of share classes for different types of investors. These, as with the other five funds, are open to high net worth individuals, family offices, institutions and qualified distributors through the Luxembourg platform," the asset manager said in a statement.
SEDCO Capital Global Funds is a family of funds open to institutional investors and is set up in Luxembourg as a Specialized Investment Fund (SIF), in the form of a Societe d’Investment A Capital Variable "SICAV".
The plan is for SEDCO Capital Global Funds to include over 15 funds totaling more than $1.6bn by the end of 2013. According to the company, each fund will focus on one (or more) asset class and will be managed by class asset managers under the supervision of SEDCO Capital.
Hasan Al Jabri, CEO of SEDCO Capital, said: "Institutional investors across European markets can now gain access to one of the world’s largest and most diverse ranges of be-spoke Shariah compliant investment funds.
"Creating tailored solutions for institutional clients can be expensive and time consuming. However, SEDCO Capital’s scale and negotiating power means we can create a greater range of investment opportunities at a lower cost while delivering superior performance. By partnering with SEDCO Capital, investors can access unique funds without the risk of high fees eating into returns."
