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Investcorp raises $570m for tech fund

Bahrain-based alternative investment firm Investcorp has announced the close of its latest technology fund. The Investcorp Technology Partners (ITP V) fund raised US$570 million, exceeding...

ESG sukuk market forecast to exceed $50bn

A report from credit ratings agency Fitch Ratings has predicted that the ESG sukuk market will be worth more than US$50 billion within the...

Constructor Capital opens first Mena office

Cayman Islands-based venture capital fund Constructor Capital has opened its first office in the Mena region. The tech-focused firm’s new office is based in the...

Janus Henderson acquires Kuwaiti wealth firm

UK fund manager Janus Henderson has entered the emerging markets private capital space after acquiring the wealth management arm of National Bank of Kuwait...

Standard Chartered to provide retail access to UAE mutual funds

Standard Chartered is set to offer its retail clients in the UAE access to locally domiciled mutual funds. The UK-based bank has struck a number...

Barings joins the migration to Dubai

Barings has become the latest global asset manager to expand into the Mena market. The US-based firm with more than US$400 billion in assets under...

DFM unveils private markets investment platform

UAE-based stock exchange Dubai Financial Market (DFM) has launched a platform aimed at the initial public offerings (IPO) market. DFM Arena is aimed at private...

Abu Dhabi lifts lid on sovereign wealth fund financials

ADQ, the smallest of Abu Dhabi’s three sovereign wealth funds (SWFs), has published a full financial statement for the first time. The move comes ahead...

Alkhabaeer Capital announces IPO for traded fund unit

Saudi Arabia-based asset manager Alkhabeer Capital is planning to float its diversified income traded fund 2030 on the Saudi Exchange. The IPO will be open...

Investcorp launches $1bn Sino-Gulf investment platform

Bahrain-based alternatives firm Investcorp has secured the backing of Chinese sovereign wealth fund China Investment Corporation (CIC) for an investment platform that will target...