Kuwait-based investment firm Global Investment House (Global) has exited its 82 percent stake in Al Rayan Holding Company, established through its Private Equity Fund and Global Opportunistic Fund I, through a strategic sale to an undisclosed buyer. The funds launched Al Rayan in 2007 as a holding company for private schools in Kuwait, and the company currently operates six schools with 10,500 students. The sale is Global’s sixteenth private equity exit since 2010.