Alternatives

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...

Sedco Capital launches real estate fund

Saudi Arabia-based asset manager Sedco Capital has unveiled a new real estate fund dedicated to a development project in Jeddah. Sedco has teamed up with...

HK hedge fund gets approval in Abu Dhabi

Hong Kong-based alternatives firm Infini Capital Management has secured in-principle approval from the Abu Dhabi Global Markets (ADGM) to operate in the UAE. Should Infinity...