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.…
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 $10 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…
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)…
Greenstone wins award for the “Best Capital Raising Firm” at MEA Finance Wealth and Investment Summit and Awards 2022
07 October, 2022 (Dubai, UAE) Greenstone Equity Partners, the largest independent fund placement firm in the Middle East specializing in raising capital for global alternative funds from GCC-based investors, won the award for “Best Capital Raising Firm” at the annual MEA Finance Wealth & Investment Awards. The MEA Finance Wealth and Investment Awards celebrate the outstanding achievements of Wealth and…
Greenstone and Allen & Overy’s aosphere LLP launch strategic collaboration to strengthen regulatory compliant capital raising in the gulf countries
30 August, 2022 (Dubai, UAE) Greenstone Equity Partners and aosphere have launched a strategic collaboration to provide fund managers with a comprehensive, low-cost regulatory solution for Saudi Arabia, Oman, Kuwait, Qatar, Bahrain, the UAE, the Dubai International Financial Center (DIFC), and the Abu Dhabi Global Markets (ADGM) (collectively, “the GCC”). Greenstone is the largest licensed fund placement firm and provider…
Optimum signs Middle Eastern distribution agreement for fourth German fund
1 August, 2022 (London, UK) Optimum Asset Management, a boutique real estate investment manager, has signed an exclusive distribution agreement with Greenstone Equity Partners, a leading capital raising firm operating across the GCC. The partnership seeks to broaden Optimum’s investor base in the Middle East as they raise funds for their German Real Estate IV fund, the fourth iteration in…
Paladin partners with Greenstone to achieve final close of Cyber Fund II at $372 million
June 13, 2022 (Dubai, UAE) Paladin Capital Group announced the close of their Paladin Cyber Fund II at $372 million, exceeding their initial target of $250 million. Paladin’s Cyber Fund II is a multi-stage fund focusing on cybersecurity startups that bring innovative technologies to the market. Greenstone Equity Partners, the largest licenced fund placement firm in the Middle East, supported…