Iranian Entity: First Persian Equity Fund

Entity Name:

First Persian Equity Fund

Also Known As:

First Persia Equity Fund
FPEF

Program:

Military

Address:

- Rafi Alley, Vali Asr Avenue, Nader Alley, Tehran 15116, Iran
- P.O. Box 15875-3898, Tehran 15116, Iran
- Walker House, 87 Mary Street, George Town, Grand Cayman KY1-9002, Cayman Islands
- Clifton House, 75 Fort Street, Grand Cayman KY1-1104, Cayman Islands
- P.O. Box 190, Grand Cayman KY1-1104, Cayman Islands

URL:

www.firstpersiafund.com

Text:

Owned or controlled by, or acting or purporting to act for or on behalf of Melli Investment Holding International (MEHR) and Bank Melli Iran Investment Company (BMIIC) (see separate entity records); launched in 2007 as an investment vehicle that focuses primarily on companies listed on Tehran's stock exchange; BMIIC advises, and via its subsidiaries in the UAE and Cayman Islands, exerts a controlling interest on the overall strategic direction of, potential shareholders of, and investment decisions of First Persian Equity Fund, and MEHR Cayman Ltd. is its investment manager and placement agent; added to the Specially Designated National (SDN) list maintained by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) on March 03, 2009, freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems.

Date Entered:

5/12/2009

Date Last Modified:

5/12/2009