PIF increasing its investment plan for green projects to $19 billion
October 15, 2024 Saudi Arabia's Public Investment Fund (PIF) has increased its investment plan for green projects to over $19.4 billion (Dh71.2 billion), encompassing 91 eligible initiatives in renewable energy and clean transportation, among other areas. In its second 'Allocation and Impact Report', PIF updated the status of its green bonds as of June 30. Read the original article in…
Mubadala acquires stake in a Spanish IT company
October 04, 2024 Abu Dhabu’s Mubadala Capital has agreed to acquire a controlling stake in Babel, a Madrid-based IT and digital transformation services provider. The acquisition, which is subject to regulatory approval, further expands Mubadala’s presence in the business services sector, following its earlier purchase of Dutch safety-critical training company RelyOn Nutec this year. Read the original article in AGBI:…
ADIA invests in Polus Capital Management
September 18, 2024 Abu Dhabi Investment Authority (ADIA) has made a capital commitment to Polus Capital Management, a London-based credit investor The funding from a wholly-owned subsidiary of the sovereign wealth fund is for Polus’ Special Situations strategy, which invests in “stressed and distressed “corporate debt. ADIA, a diverified global investor controlling nearly $1 trillion of assets, is pushing more…
ADIA sells 50% stake in Policy Expert to UK’s Cinven
September 12, 2024 The Abu Dhabi Investment Authority (ADIA) has sold a 50% stake in the UK-based Policy Expert, an insurance solutions provider, to private equity firm Cinven’s Strategic Financials Fund as part of a “broader growth strategy” for the insurance firm. The financial details of the transaction have not been disclosed and is subject to regulatory approvals and closing…
Abu Dhabi’s Mubadala invests in Yondr Group
August 21, 2024 Abu Dhabi state investor Mubadala has invested in London-based data centre developer Yondr Group, the fund’s latest foray into a sector that is expected to benefit from booming demand for cloud services and artificial intelligence technology (AI). Global cumulative data centre demand is expected to grow at a CAGR of 11% by 2032, driven by advancements in…
Greenstone Saudi Arabia licensed to manage investments and operate funds in Saudi Arabia by the Capital Market Authority
6 February, 2024 (Dubai, UAE) Greenstone Saudi Arabia, a Saudi Arabia-based subsidiary of Greenstone Equity Partners, the largest fund placement firm in the Middle East, is pleased to announce that it has recently received approval from the Capital Market Authority of Saudi Arabia (the “CMA”) to commence operations under its Managing Investments and Operating Funds license. In addition to Greenstone’s…
Greenstone Equity Partners inks GCC distribution deal with Trez Capital to enhance access to private U.S. real estate funds
18 January, 2024 (Dubai, UAE) Greenstone Equity Partners, the Middle East’s leading capital raising firm, has announced an alliance with North American real estate investment firm Trez Capital to enable investors in the Gulf Cooperation Council (GCC) region to access short-duration, income-oriented private real estate funds in the United States. With a robust history spanning over 25 years, Trez Capital…
Greenstone Equity Partners recognized globally as a top placement firm in 2023
13 November, 2023 (Dubai, UAE) For the sixth 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 the private capital funds industry. Preqin is generally recognized as the most trusted source of data…
U.S.-based Industry Ventures achieves final close of two funds at $1.7 billion with the support of Greenstone Equity Partners
18 October, 2023 (Dubai, UAE) Industry Ventures announced the close of their Secondary X Fund with over $1.45 billion in commitments and the close of Tech Buyout II Fund with over $260 million in commitments. Industry Ventures’ Secondary X Fund is a secondaries vehicle that focuses on leading later-stage venture- capital companies, while Tech Buyout II is a hybrid fund…
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…