The Capital Markets Authority (CMA) issued Decision No. (150) of 2025, granting Boubyan Capital Investment Company a private placement marketing license for a collective investment scheme established outside Kuwait, to market shares of the Sophomore Equity 2 Limited Portfolio, registered in the Cayman Islands.

The license includes the private placement of 85 shares within Kuwait, with a fixed offer price of GBP 100,000 per share. The license targets professional clients in accordance with the Executive Bylaws of Law No. 7 of 2010 regulating securities activity.

Boubyan Capital Investment Company and Boubyan Bank have been designated as the authorized entities to receive subscription applications from interested clients.

The license is valid for one year, starting from the issuance of the licensing certificate and payment of the required fees. The license is voided if the fees are not paid within one month of the decision date.