Brookfield and QIA invest £400 million in Canary Wharf Group
October 25, 2023 Canary Wharf Group, the developer of London’s dockland financial district, has received a fresh equity injection from its shareholders, as the area contends with high-profile departures and a shift to working from home. Brookfield and the Qatar Investment Authority have committed to a £300 million ($364 million) equity injection for the firm as well as a £100 million revolving…
ADQ’s portfolio rises to $200 billion, Global SWF estimates
October 23, 2023 Abu Dhabi’s wholly owned strategic investment company ADQ's portfolio has jumped to $200 billion, backed by the performance of the emirate's main utility, Abu Dhabi National Energy Co., also known as Taqa, Global SWF said. Last year, ADQ divested 8.6% of Taqa, a stake worth around $3.6 billion, to Multiply Group, Abu Dhabi Pension Fund and other…
Abu Dhabi Investment Authority (ADIA) invests approximately $600 million in Reliance Retail at $100 billion valuation
October 6, 2023 Abu Dhabi Investment Authority is investing $597 million in Reliance Retail, valuing the largest Indian retail chain at a whopping $100 billion. The investment follows KKR and Qatar Investment Authority together investing $1.7 billion in the Indian firm, which is part of Mukesh Ambani’s Reliance Industries. Abu Dhabi sovereign-wealth fund’s investment will fetch it a 0.59% stake in…
Close to $4 trillion assets managed by SWFs in the GCC
Aug 9, 2023 Sovereign Wealth Funds (SWF) in the UAE accounted for 62% of the total $74 billion capital deployed in 2022 by the GCC state-owned funds that are managing close to $4 trillion worth of assets, according to S&P Global Market Intelligence. Five of the world’s 10 biggest spending state-owned investors (SOIs) of 2022 were from the GCC and…
Mubadala acquires stake in U.S.-based Aligned Data Centres
August 2, 2023 Mubadala Investment Company, the Abu Dhabi sovereign investor, announced it has invested in Aligned Data Centres (Aligned), a leading Pan-Americas data centre company headquartered in the U.S. With this investment, Mubadala will become a minority partner alongside majority partners managed by Macquarie Asset Management. Aligned offers both Scale Data Centres (colocation) and Build-to-Scale (Build-to-Suit) solutions to support…
Venturing Forth: prospects for the Private Equity and Venture Capital market in the Middle East
August 3, 2021 (Dubai) In an interview by MEA Finance Magazine, Greenstone Equity Partners' Chairman, CEO and Founder Alex Gemici, paints a detailed picture of the prospects for the Private Equity and Venture Capital market in the Middle East. Highlights from the interview include: Commenting on the expectation that Private Equity firms to become more involved in M&A in the…
Private Equity Headwinds?
July 27, 2021 (Dubai) An opinion piece by Alex Gemici, Chairman & CEO, Greenstone Equity Partners The market to acquire or invest into middle market companies, the primary strategy of private equity funds, is overheated with ever increasing valuations which make it hard to identify attractive opportunities for the funds to generate the expected returns for investors. The unofficial motto for the…
Fundamentals key in identifying successful IPO investment opportunities
July 11, 2021 (Dubai) Greenstone Equity Partners shares it's depth and breadth of expert industry knowledge on initial public offerings (IPO), and is leading the dialogue when it comes to challenges faced by investors looking to identify companies with positive long-term prospects when listing. Whilst IPOs are the cornerstone of modern equity markets and have the potential to provide large…
Greenstone Equity Partners supports Arden Group final close of Arden Real Estate Partners, III L.P. at $500 million in equity
June 22, 2021 (Dubai) Earlier this month, Arden Group announced the final close of the firm’s third fully discretionary equity fund, Arden Real Estate Partners, III L.P., at $500 million. Greenstone Equity Partners supported Arden in achieving fund closure by raising capital from its network of GCC-based institutional investors. Craig A. Spencer, Arden’s CEO, stated: although the global pandemic slowed…