Saudi Aramco fund invests in the Japanese “air mobility” company Terra Drone
January 25, 2023 The Saudi Aramco owned investment fund, Wa’ed Ventures, has led a $14 million ‘bridge round’ in Terra Drone, the Japan-based urban air mobility tech firm. This will see the Japanese firm launch a new subsidiary in the Kingdom, to localize its drone services as well as serve a global autonomous vehicles market expected to ‘grow to $1.5…
According to the CEO, Masdar has the “right capital and fuel” to promote renewable energy
January 16, 2023 Abu Dhabi’s clean energy company Masdar has the 'right capital and fuel' to accelerate the development of renewable projects, according to its chief executive. "We are sponsored by three very important [and] strong shareholders, [it] started with Mubadala 16 years ago, and recently, we welcomed Adnoc and Taqa to our company," Mohamed Al Ramahi told Abu Dhabi…
Gulf SWFs will continue to be quite active in Europe and the US in 2023
January 3, 2023 Led by the Gulf region, sovereign wealth funds (SWFs) deployed $152.5 billion (Dh560 billion) worldwide in 2022, an increase of 38 per cent from the previous year. Gulf sovereign wealth funds (SWFs) will likely continue to be very active in 2023 in Europe and North America to invest in private equity firms and to fund distressed portfolios,…
Creating a country of opportunities owing to Saudi Arabia’s sovereign wealth fund
December 25, 2022 In 2016, Saudi Arabia announced the Vision 2030 blueprint to diversify the Kingdom’s economy. It dared to change its identity as an oil-rich nation to a harbinger of new ideas that would shape the world. Six years later, the Kingdom has ventured into new realms of opportunities that the Arab world would not have dared to dream…
In 2023, the Oman Investment Authority plans to invest $5 billion on projects
December 20, 2022 Oman Investment Authority, the Gulf state’s sovereign wealth fund, aims to spend 1.9 billion rials ($4.95 billion) on investment projects in 2023, state media reported on Tuesday. The OIA said the financing will come from the local and foreign private sectors, from financing institutions, or from the agency itself or its subsidiaries. The OIA has also reportedly…
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)…