Rasmala Investment Holdings (DIFC) Limited (“Rasmala” or “Rasmala Holdings”), an independent, alternative investment group, announced that Poseidon Fund (CEIC) Limited (“Poseidon Fund”), managed by its subsidiary Rasmala Investment Bank Limited (“RIBL”), and regulated by the DFSA, has delivered a return of over 8x to its participating shareholders through an in-kind distribution, marking one of the group’s largest and most significant transactions in the last 24 months. Poseidon Fund is a DIFC-based investment fund that was established to increase DFM-listed Gulf Navigation Holding PJSC's (“GulfNav”) capital base and support its strategic ...