News

GFH acquires real estate asset manager

Bahrain-based asset manager GFH Financial Group has acquired a majority stake in Big Sky Asset Management, a US-based real estate investment firm. The move further strengthens GFH’s presence in the US real estate market following its acquisition in May 2022 of SQ Asset Management, a real estate asset manager focused on student housing in the US. Big Sky AM’s focus is on the US healthcare market, and has more than US$2 billion in cumulative transaction value. Under the terms of the deal, GFH will own Big Sky alongside its founders, one of which, Jason Signor, will continue to serve as chief executive. No financial details of the transaction were disclosed. GFH is not the first Mena-based asset manager to invest in the healthcare market. Two of the region’s largest sovereign wealth funds, Mubadala and Mumtalakat, are set to collaborate on a healthcare venture in Bahrain. In October, GFH acquired a second portfolio of US medical clinics. ©2023 funds global mena

Executive Interviews

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Roundtables

Middle East Investor Roundtable 2020: Dimensions of diversification

Investors in the Middle East consider the tools that will be needed to navigate the Covid-19 crisis, the continued appetite for dividend and why it’s all about tech. Chaired by Romil Patel.

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Experts discuss the investment implications of the coronavirus pandemic, a delayed rebound in global growth and dealing with South Africa’s energy issues head on. Chaired by Romil Patel in Cape Town.

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Our panel discusses Chinese investment in Africa, financial institutions’ contribution to economic sustainability and regulatory concerns. Chaired by Romil Patel in Cape Town.

ROUNDTABLE: Hooked to the global caravan

With the MENA region at a tipping point, our panellists talk about economic diversification, the impact of regulation and the delayed Saudi Aramco listing. Chaired by Romil Patel in Dubai.