Total assets managed by Saudi’s PIF valued to be at $650 billion
April 20, 2023 From $150 billion of assets in 2015, Public Investment Fund (PIF) now manage around $650 billion of assets, the fund governor said. Yasir Al-Rumayyan said the fund wants to increase the value of its assets to $1 trillion in 2025 and between $2-3 trillion by 2030. Al-Rumayyan indicated that the fund is the world’s largest investor in…
UK decides not to proceed with tax on Gulf SWFs
April 13, 2023 The UK’s investment minister has highlighted the recent decision to scrap plans to impose a tax on Gulf sovereign wealth funds (SWFs) investing in the country as evidence of the importance the British government places on the region. ”Collaborative relationships with Gulf sovereign wealth funds are very important to the UK and our decision not to tax…
DP World’s investments in the logistics sector totaled more than $3 billion since 2012
April 02, 2023 Dubai’s DP World has invested more than $10 billion (Dhs37.3 billion) in the global logistics sector since 2012, making it one of the top five overseas investors in this period, according to the latest foreign direct investment (FDI) data from FDI Intelligence. The state-owned ports operator ranked fifth in the world in 2022 by total value of…
Mubadala, Ares partner to deploy $1 billion through JV into credit secondaries
March 23, 2023 Abu Dhabi’s Mubadala Investment Company (Mubadala) and Ares Management Corporation plan to deploy approximately $1 billion in global credit secondaries opportunities through a joint venture. The venture represents a key milestone for both organizations and will enhance Mubadala’s positioning within the secondaries credit market while enabling Ares to significantly scale its offering. Meanwhile, the Global Sovereign Wealth…
Foreign countries look to the Middle East for money during global instability
March 09, 2023 As oil prices made a roaring comeback in the last two years, the Gulf’s public wealth funds went on a spending spree. The top five regional funds in terms of spending in the last year — Abu Dhabi’s ADIA, ADQ and Mubadala, Saudi Arabia’s PIF and Qatar’s QIA — deployed a combined total of more than $73…
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…
Watch: Alex Gemici, Chief Executive Officer of Greenstone Equity Partners on The Business Breakfast Show on Dubai Eye with Brandy Scott and Tom Urquhart
September 19, 2022 LEGAL DISCLAIMER NO INVESTMENT ADVICE The opinions, thoughts and analyses contained herein do not constitute: (i) investment, legal, tax, financial, professional or other advice; (ii) a solicitation, recommendation, endorsement, or offer by Greenstone or any third party service provider to invest in, buy or sell any securities or other financial instruments in any jurisdiction; or (iii)…