Saudi Arabia makes its mark in the global games industry by investing billions globally
June 13, 2023 Saudi Arabia has spent almost $8 billion acquiring and building stakes in gaming companies across the globe in the past 18 months as part of a turbocharged investment spree with the aim of becoming a dominant force in the growing entertainment industry. Saudi-backed Savvy Games Group has led the deals, including a significant stake in China’s VSPO,…
China set to receive up to $2 trillion from Middle East sovereign funds amid rise in investment capital
June 12, 2023 China, the world’s second-largest economy, is set to receive $1 trillion to $2 trillion in investments from top sovereign funds in the Middle East by 2030 as they look to pivot to Asia amid a rapid rise in their investment capital, the chief executive of Hong Kong Stock Exchange (HKEX) has said. This investment capital is expected…
Gulf nations interested to explore opportunities in Latin America energy sector
June 01, 2023 As Latin American countries have been moving to enhance their energy infrastructure and meet the needs brought by economic development, investors worldwide have been demonstrating their desire to explore the region’s new opportunities. Gulf nations, especially Saudi Arabia and the UAE, have been among the most promising partners in the region’s upcoming energy endeavors. The most recent…
Silicon Valley VCs seek Middle East funding
May 29, 2023 Silicon Valley investors are touring the Middle East, seeking to build long-term ties with sovereign wealth funds during the worst funding crunch for venture capital firms in almost a decade. Top technology VCs such as Andreessen Horowitz, Tiger Global, and IVP have jetted teams of executives to Saudi Arabia, the United Arab Emirates, and Qatar in recent…
Abu Dhabi economy takes top spot as the fastest growing economy in the Middle East
May 10, 2023 The Abu Dhabi economy is the fastest growing in the Middle East and North Africa, with a remarkable 9.3% growth last year. Non-oil sectors contributed 50% of GDP last year, with real estate, healthcare, and real estate all contributing to significant growth. Abu Dhabi’s growth is attributed to its robust economic framework and collaborative approach from the…
Greenstone Equity Partners announces GCC distribution agreement with Rockwood Capital
26 July, 2023 (Dubai, UAE) Greenstone Equity Partners, the GCC’s leading institutional-grade placement firm, is pleased to announce its strategic partnership with Rockwood Capital, a premier U.S. real estate investment firm. Rockwood has an established track record investing in real estate dating back to 1990. Under the agreement, Greenstone will serve as the exclusive GCC distribution partner for Rockwood. Tyson…
Greenstone Equity Partners announces Mercato Partners’ $400 million fundraise
8 March, 2023 (Dubai, UAE) Greenstone Equity Partners, the leading licensed fund placement firm in the Middle East, today announced their successful fundraise for U.S.-based Mercato Partners’ Traverse Fund IV, a $400 million growth fund. Founded in 2011 and headquartered in Dubai, Greenstone Equity Partners leveraged its network of GCC-based investors to participate in and support the oversubscribed final close…
U.S. based Pelion Venture Partners sign GCC distribution agreement with Greenstone
13 February, 2023 (Dubai, UAE) Pelion Venture Partners, a leading U.S. early-stage venture capital firm, has signed an exclusive distribution agreement with Greenstone Equity Partners, the largest capital raising firm in the Middle East, with an objective to broaden Pelion’s GCC investor base as they raise capital for two funds, Pelion Ventures VIII, and Pelion Olympus Fund I. Since its…
Greenstone GCC Investor Insights Report 2022
22 November, 2022 (Dubai, UAE) Greenstone GCC Investor Insights Report 2022 findings show that GCC investors plan to increase their allocations to private equity and real estate funds in 2023 Greenstone Equity Partners today announced the public release of its first annual Greenstone GCC Investor Insights report, which represents the most comprehensive GCC-oriented investment sentiment research conducted to date. The…
Greenstone Equity Partners recognized globally as a top placement firm in 2022
09 November, 2022 (Dubai, UAE) For the fifth year in a row, Greenstone Equity Partners features as a top placement firm in Preqin’s Alternative Asset Service Providers league tables. Preqin’s league tables provide a definitive ranking of the leading and most influential firms in private capital. Preqin is generally recognized as the most trusted source of data and intelligence on…