Saudi Aramco invests $80 million in U.S.- based CarbonCapture
March 13, 2024 U.S.-based climate technology firm CarbonCapture secured $80 million (AED 293 million) in funding from various investors, notably Saudi Aramco's venture capital unit. Prime Movers Lab spearheaded the Series A fundraising, with contributions from Aramco Ventures, Amazon's Climate Pledge Fund, Siemens Financial Services, Idealab X, and Marc Benioff's Time Ventures. Read the original article in Gulf News: Saudi…
ADIA backs Europe’s Cheyne Capital with a £650 million investment in its real estate private credit strategy
March 13, 2024 Abu Dhabi’s sovereign wealth fund has increased its funding commitment to Cheyne Capital’s real estate private credit strategy in Europe. The Abu Dhabi Investment Authority (ADIA) committed an undisclosed amount to Cheyne’s programme, dubbed as the capital solutions strategy, bringing the total commitment to £650 million ($836 million), European media reported on Tuesday. Read the original article…
Masdar has successfully acquired a 49% stake in a UK offshore wind project
February 29, 2024 Abu Dhabi clean energy company Masdar has completed the acquisition of a 49% stake in 3-gigawatt (DBS) project, one of the world’s largest planned offshore wind farms, as it continues to expand its presence across renewable energy markets in the UK and globally. The acquisition is part of an £11 billion ($14 billion) joint investment in the…
Mubadala and its partners buy out Truist Insurance Holding, the 5th largest U.S. insurance broker
February 22, 2024 Along with other investor-partners, Abu Dhabi’s Mubadala Investment Co. has bought out a stake in the fifth largest insurance broker in the U.S. This is the Truist Insurance Holdings, headquartered in Charlotte, North Carolina, and which has more than 200 offices in the U.S. The stake was bought from Truist Financial Corporation. Read the original article in…
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…
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)…