Mubadala and Goldman Sachs sign a $1 billion private credit partnership to invest in the Asia Pacific region
February 26, 2024 The UAE sovereign investor Mubadala Investment Company and Goldman Sachs have signed a $1 billion deal to invest in private credit deals in Asia, with particular focus on India. The Abu Dhabi fund and Goldman Sachs Alternatives, its asset management unit, have signed a partnership to invest across the private credit spectrum and across multiple Asia Pacific…
Saudi Arabia’s PIF is set to allocate $70 billion yearly
February 22, 2024 Saudi Arabia’s sovereign wealth fund is set to increase its annual deployment of capital to $70 billion a year after 2025. The Public Investment Fund, or PIF, currently puts $40 billion to $50 billion of capital to work on an annual basis, and that’s set to increase after 2025, the fund’s governor, Yasir Bin Othman Al-Rumayyan, said…
Tasaru, supported by PIF, has invested in firms specializing in autonomous mobility in both Croatia and Austria
February 2, 2024 Tasaru Mobility Investments, a company fully owned by Saudi Arabia’s Public Investment Fund (PIF) has made two strategic investments to develop its autonomous mobility sector. The first is an investment in Project 3 Mobility (P3), a Croatian company developing its own autonomous electric vehicle and mobility service, which closed its Series A investment round this week, raising…
Aramco seeking portfolio expansion by exploring refining and chemicals deals in China and India
January 26, 2024 Saudi Aramco, the world’s biggest oil exporter, is seeking refining and chemicals deals in Asia as it looks to rapidly expand the business and secure long-term buyers for its crude. The company is looking at China and India for more acquisitions, president of the downstream unit, Mohammed Al Qahtani, said. The majority of Aramco’s crude is sold…
PIF unveils its latest multi-year partnership to boost electric motorsport and mobility in Saudi Arabia
January 23, 2024 Saudi Arabian sovereign wealth fund, Public Investment Fund (PIF) has announced a new multi-year partnership with Electric 360, Formula E, Extreme E and E1 to enhance the growth of the electric motorsport sector in the kingdom. The partnership specifically aims to advance the role of the sport in the future of electric mobility. Additionally, educational opportunities will be made available…
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)…