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Jun 18 2007 12:25PM EDT

The New Berkshire Hathaway?

Fancy investing in an extremely successful hedge fund without paying 2-and-20? Kingdom Holdings might be your best bet yet.

It is the investment vehicle of Saudi Arabian billionaire Prince Alwaleed bin Talal, and it is planning to raise $840 million in an I.P.O. on the Saudi stock exchange.

The stake would value Alwaleed's company at $16.8 billion. Sound rich? Well, consider this...

The full Market Movers post can be found here.

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