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…
Italy looks to attract additional investments from PIF
May 05, 2023 The Italian government is looking to increase investment in the country from the Public Investment Fund, the sovereign wealth fund of Saudi Arabia. A delegation of Saudi entrepreneurs and investors, led by the President of the Saudi- Italian Business Council Kamel Al- Munajjed, met in Rome on Thursday with the Italian Minister for Economic Development- Adolfo Urso.…
Greenstone recognized globally as top placement firm in 2018 and 2019
December 5, 2019 (Dubai) In an article by Institutional Investor, Greenstone Equity Partners was highlighted as the top placement agent for funds closed from the beginning of 2018 through June 30, 2019. Greenstone assisted 32 funds which attracted a total of $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…
Abraaj collapse drives GCC-based investors towards U.S. and European fund managers
August 1, 2019 (Dubai) In the wake of the Abraaj collapse, Greenstone Equity Partners observes GCC-based investors accelerating towards well-established fund managers in the U.S. and Europe, preferring to commit fund capital to safer havens in a flight to quality. Greenstone’s Chairman and CEO Alex Gemici was quoted in Bloomberg as stating: “The collapse of Abraaj has eroded institutional investor…