GCC UHNWIs population expected to boom by 2024
March 5, 2020 (Dubai) In an article published by Banker Middle East, Knight Frank, a leading global property advisory firm has said that according to its projections, the number of UHNWIs in the GCC is expected to grow by 26% to reach a total of 9,100 by 2024, given the expansion of wealth and strong growth in many asset classes…
ADIA, QIA and GIC eyeing investment in India-based real estate developers
March 2, 2020 (Singapore) A recent article on Deal Street Asia has reported that the Abu Dhabi Investment Authority (ADIA), Qatar Investment Authority (QIA), and Singapore-based GIC are in talks to invest approximately $400 million in Prestige Estates. The India-based real estate developer, is said to be looking to monetise some of its retail mall and office assets before it…
QFB looking for innovative investment opportunities
February 26, 2020 (Doha) MENAFN has reported that Qatar First Bank (QFB) and its investors have recently exited a Sharia-compliant aviation deal, selling two Boeing 737-900ER aircraft which were on a 7-year long-term sharia-compliant lease contract to Indonesia's Lion Air. The article went on to note that the increasing success of the bank's structured products investment, QFB is looking for…
Mubadala makes 10-year, €1 billion commitment to French investment fund
February 24, 2020 (Abu Dhabi) The National has reported that Mubadala Investment Company (Mubadala), Abu Dhabi’s strategic investment arm has taken a 10% stake in the €10 billion French investment fund, LAC I. LAC I will be managed by the country’s national bank, Bpifrance, which intends to invest the funds approximately 15 of France’s leading listed corporations over the next…
Mubadala & ADIA to invest in India’s renewable energy platform
February 20, 2020 (Mumbai) A recent article on ET Markets reported that global investors including Brookfield, Omers, and Abu Dhabi based Mubadala and Abu Dhabi Investment Authority (ADIA) are in early discussions to invest anywhere from $500 million to 600 million in Tata Powers's renewable energy platform. Tata Power, India's largest integrated power company, is said to be planning to…
Greenstone recognized as top placement agent for funds since beginning of 2018
December 5, 2019 (Dubai) In an article by Institutional Investor, Greenstone Equity Partners was highlighted as the top placement agent based on funds closed from the beginning of 2018 through June 30, 2019. Greenstone assisted 32 funds in attracting a total $17.9 billion over that period, according to Preqin's December 2019 League Tables special report on Prominent Placement Agents. Preqin…
Middle East investors looking for the right strategies
September 29, 2019 (Dubai) In an interview by Banker Middle East, Greenstone Equity Partners' Chairman, CEO and Founder Alex Gemici, provides valuable insight on the current global political environment and the precarious position of the markets make existing geopolitical tension more of a risk than before. Highlights from the interview include: Commenting on the challenging geopolitical operating conditions, Alex Gemici…
Dubai based firm collapse leaves entire region with almost no inbound foreign investment
August 1, 2019 (Dubai) In addition to foreign institutional investors, Greenstone Equity Partners is also seeing the GCC investor community move further away from regional fund managers in the wake of the Abraaj collapse, preferring regional direct investment or committing capital to global fund managers. Greenstone’s Chairman and CEO Alex Gemici, was quoted: “The collapse of Abraaj has eroded institutional…
Greenstone becomes first Fund Placement Firm licensed by UAE Securities and Commodities Authority
June 11, 2019 (Dubai) Greenstone Equity Partners, the largest fund placement firm in the Middle East, has become the first firm of its kind to obtain a license to promote financial products and foreign securities by the UAE's Securities and Commodities Authority (SCA). The SCA has granted Greenstone’s UAE subsidiary, Greenstone Equity Partners Financial Products Promotion L.L.C., a license to perform…