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…
Renewable energy key focus for SGRF-backed Omani fund
February 14, 2020 (Oman) Funds Global MENA has reported that Rakiza, a State General Reserve Fund (SGRF) backed infrastructure-focused fund launched in 2018 is actively looking to increase its investment in Oman’s renewable energy market. Read the original article on Funds Global MENA: Omani fund to invest in renewable energy
Indian retail projects raise $145 million from ADIA in 2019
February 12, 2020 (Abu Dhabi) According to Arabian Business, the Abu Dhabi Investment Authority (ADIA) along with Singapore's GIC and Alpha Pacific Group (APG), Blackstone and other major private equity players have close to $1 billion into Indian retail projects in 2019, with ADIA’s investments totaling $145 million. The total private equity investment in the Indian retail realty sector saw…
Life sciences and medical technologies to receive Mubadala investment
February 11, 2020 (Abu Dhabi) A recent article on Thomson Reuters has reported that Abu Dhabi based Mubadala is looking to significantly increase investment into life science and healthcare space, noting that they see them as profitable sectors. Mubadala already owns a number of healthcare companies including Cleveland Clinic in Abu Dhabi and Amana Healthcare, which it acquired in 2019.…
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…
Greenstone wins award for enabling global alternative funds to reach Shariah-compliant investors
October 29, 2019 (Dubai) Greenstone Equity Partners, the largest independent fund placement firm in the Middle East and the leading provider of regulatory-compliant fund marketing and registration services in the GCC, won the award for “Best Advisory Service” at the 14th annual Islamic Business & Finance Awards. The Islamic Business & Finance Awards provide global recognition to exceptional financial institutions…
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…