Alternatives

ADQ acquires stake in Alpha Dhabi construction subsidiary

Abu Dhabi sovereign wealth fund ADQ has acquired a 49% stake in Alpha Dhabi Construction Holding (ADCH). Parent company Alpha Dhabi Holding (ADH) will retain...

Digital assets hedge fund launches in Abu Dhabi

Triton Liquid, a hedge fund specialising in digital assets, has secured in-principle approval from the Abu Dhabi’s Financial Services Regulatory Authority (FSRA). The firm was...

Investcorp seeks tie up with China wealth fund

Bahrain-based alternative investment manager Investcorp is reportedly in talks with China’s sovereign wealth fund about an US$800 million investment. The investment, from China Investment Corp...

Dubai regulator preps HK fund distribution

Hong Kong’s asset managers could be able to distribute their funds in Dubai based on recent comments made by regulators. The leading asset managers in...

Investcorp to invest in US airport project

Abu Dhabi-based alternative investment firm Investcorp Capital is set to invest in the US$4.2 billion redevelopment of JFK airport in the US. The investment is...

Lunate invests in Adnoc Oil Properties

Abu Dhabi-based alternative investment firm Lunate Capital has acquired a 40% stake in Adnoc Oil Properties (AOP), a crude oil pipeline infrastructure asset. The stake...

Investcorp names chief financial officer

Bahrain-based alternative investment firm Investcorp has appointed Abbas Rizvi as its group chief financial officer (CFO). He replaces Jan Erik Back who has announced his...

Saudi Arabia sees surge in private equity

Private equity (PE) activity in Saudi Arabia reached US$4 billion in 2023, further extending a rapid increase over the last five years. The 2019-2023 Saudi...

GFH’s London real estate business names chairman

Zayed R Alzayani has been named as chairman of the board of Roebuck, the UK subsidiary of Bahrain-based GFH Financial Group. Roebuck is a pan-European...

Mumtalakat looks for buyers of McLaren stake

Bahrain’s sovereign wealth fund, Mumtalakat, is reportedly looking to offload its stake in UK luxury car maker McLaren. A spokesman for the fund told the...