Abu Dhabi’s Investcorp Capital agrees to invest in $4.2 billion redevelopment of New York’s JFK International Airport
April 4, 2024 Alternative investor Investcorp Capital plc has agreed to invest in the $4.2 billion redevelopment of New York’s JFK International Airport’s Terminal 6. The investment will be made through Investcorp Group’s newly formed partnership with Corsair Capital – Investcorp Corsair Infrastructure Partners, which is the lead financial sponsor of the redevelopment project, and whose wholly-owned airports platform Vantage…
Capital from the Gulf’s SWFs is flooding into European sectors
January 24, 2024 European founders looking for fresh capital often chase deep-pocketed U.S. investors — but recent years have seen them increasingly turning their attention to the other side of the globe. Gulf countries, which have plenty of capital lying in sovereign wealth funds and corporate VCs, are becoming attractive investors for startups and scaleups (and VCs) on the continent.…
Mubadala invests in education finance company, Avanse in India
March 28, 2024 Mubadala Investment Company has invested in India’s financial services sector for the first time when it invested in Avanse Financial Services, an education-focused non-banking financial company (NBFC) in the country. This is part of a plan for Mubadala to double its exposure in Asia by 2030. Read the original article in Arabian Business: Mubadala invests in India’s…
ADIA acquires a 40% stake in Landmark Dividend
April 03, 2024 The Abu Dhabi Investment Authority (ADIA) has completed the acquisition of a 40% stake in DigitalBridge subsidiary Landmark Dividend. The deal was first announced in November last year and completed this week alongside DigitalBridge-sponsored vehicles. Read the original article in Data Center Dynamics: Abu Dhabi Investment Authority completes acquisition of 40% stake in Landmark Dividend
PIF ranks 2nd among GCC wealth funds with $925 billion in assets
March 20, 2024 Saudi Arabia’s PIF ranks 2nd among GCC sovereign wealth funds with $925 billion (AED 3.3 trillion) in assets. After a 55% increase in assets under management, the PIF has surged in global ranking of sovereign wealth organisations. This signifies that the organization has surpassed Kuwait’s sovereign wealth fund in this regard, now trailing only behind the Abu…
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…