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...
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...
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...
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...
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...
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...
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...
UAE-based Gulf Islamic Investments (GII) has expanded its operations to Saudi Arabia after making an acquisition.
The alternative investment manager has bought an unnamed but...
The number of wealth management firms operating in the GCC reached an all-time high during 2023.
The latest Middle East Investment Panorama report published by...
Abu Dhabi-based sovereign wealth fund Mubadala has struck a US$1 billion deal with Goldman Sachs Asset Management to pursue private credit deals in Asia.
The...
