Mubadala, ADIA and ADQ, UAE’s sovereign wealth funds, invested a combined $36.5 billion in 2023
January 2, 2024 Three sovereign wealth funds (SWFs) from the UAE invested a combined $36.5 billion in 2023, Global SWF, which tracks the world’s sovereign investment funds, said in its 2024 annual report. Abu Dhabi’s Mubadala was ranked third in the top 10 list of SWFs with investments of $17.5 billion, followed by Abu Dhabi Investment Authority (ADIA) with investments…
Mubadala, Aldar and Ares partner to invest $1 billion in European private real estate credit
December 13, 2023 Aldar Properties (‘Aldar’), Mubadala Investment Company (‘Mubadala’) and Ares Management (‘Ares’) today announced that they have entered into a new partnership to jointly invest U.S. $1 billion in private real estate credit opportunities in the United Kingdom and Europe over the next three to five years. As part of this transaction, Mubadala will hold a 50% stake…
PIF acquires a 49% stake in luxury chain Rocco Forte Hotels
December 04, 2023 Saudi Arabia’s sovereign wealth fund has agreed to buy a 49% stake in Rocco Forte Hotels in a deal that is believed to value the luxury group’s properties at about £1.2 billion ($1.52 billion). The Public Investment Fund is snapping up the “significant” minority stake in the company, which owns The Balmoral in Edinburgh and Brown’s Hotel in London, with…
Masdar will invest $13.9 billion UK renewable energy project
December 01, 2023 The UAE is investing in a massive renewable energy project, including a giant offshore wind farm, in the UK. Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, is part of an £11 billion ($13.9 billion) investment into the UK’s renewable energy sector and is purchasing a 49% stake in RWE’s 3 gigawatt (GW) Dogger…
ADIO and ARTE Capital collaborate to foster investment in Abu Dhabi
November 30, 2023 The Abu Dhabi Investment Office (ADIO) today announced a collaboration with Hong Kong-based ARTE Capital, one of Asia’s leading asset managers, to set up its regional headquarters in Abu Dhabi and launch a $1 billion fund for Chinese companies expanding to the Middle East. Announced during the flagship Abu Dhabi Finance Week 2023, the move underscores Abu…
Greenstone Equity Partners launches Investor Advisory Board to accelerate growth in the GCC
April 28, 2022 (Dubai, UAE) Greenstone Equity Partners, the leading capital raising firm in the Middle East, announced the formation of its Investor Advisory Board of prominent GCC business leaders to provide strategic guidance and support as Greenstone continues its expansion after 11 years of operations in the region. The Investor Advisory Board has been established with the goal to…
Greenstone Equity Partners and CenterSquare Investment Management secure $125 Million for Service Properties’ Joint Venture
March 2, 2022 (Dubai, UAE) CenterSquare Investment Management announced the launch of a Service Properties’ Joint Venture (the JV) with a Middle Eastern capital partner. The JV has the ability to acquire up to $125 million in assets. Greenstone Equity Partners led CenterSquare’s capital raising across the GCC. The JV is focused on acquiring and building a diversified portfolio of…
Pelion Venture Partners Close Pelion Venture Partners Fund VII at $365 Million
December 14, 2021 (Dubai, UAE) Earlier this month, Pelion Venture Partners announced the October closure of their Pelion Venture Partners Fund VII at $365 million, exceeding their initial target of $250 million. Greenstone Equity Partners, the largest licensed fund placement firm in the Middle East, supported Pelion Venture Partners in achieving fund closure by raising capital from its network of GCC-based…