ADQ invests in Canadian alternative asset manager Sagard
July 06, 2023 ADQ, the Abu Dhabi-based investment and holding company, has become an investor alongside Bank of Montreal (BMO) in Canadian alternative asset management company Sagard. ADQ and BMO have respectively entered into definitive agreements with Sagard, which has $14.5 billion of assets under management, to acquire minority equity stakes in the company, the entities said. Read the original article in The National:…
PIF ranks 7th worldwide in Mideast for scoring high in GSR
July 02, 2023 Saudi Arabia’s Public Investment Fund ranked first in the Middle East region and seventh worldwide among 100 global state-owned funds for scoring high in governance, sustainability and resilience practices, according to the evaluation of the Global Sovereign Wealth Funds. Launched in 2020, the GSR scorecard is driven by an annual review of the best practices of the world’s top 100 funds,…
Saudi Arabia makes its mark in the global games industry by investing billions globally
June 13, 2023 Saudi Arabia has spent almost $8 billion acquiring and building stakes in gaming companies across the globe in the past 18 months as part of a turbocharged investment spree with the aim of becoming a dominant force in the growing entertainment industry. Saudi-backed Savvy Games Group has led the deals, including a significant stake in China’s VSPO,…
China set to receive up to $2 trillion from Middle East sovereign funds amid rise in investment capital
June 12, 2023 China, the world’s second-largest economy, is set to receive $1 trillion to $2 trillion in investments from top sovereign funds in the Middle East by 2030 as they look to pivot to Asia amid a rapid rise in their investment capital, the chief executive of Hong Kong Stock Exchange (HKEX) has said. This investment capital is expected…
Gulf nations interested to explore opportunities in Latin America energy sector
June 01, 2023 As Latin American countries have been moving to enhance their energy infrastructure and meet the needs brought by economic development, investors worldwide have been demonstrating their desire to explore the region’s new opportunities. Gulf nations, especially Saudi Arabia and the UAE, have been among the most promising partners in the region’s upcoming energy endeavors. The most recent…
Greenstone becomes first Fund Placement Firm licensed by UAE Securities and Commodities Authority
June 11, 2019 (Dubai) Greenstone Equity Partners, the largest fund placement firm in the Middle East, has become the first firm of its kind to obtain a license to promote financial products and foreign securities by the UAE's Securities and Commodities Authority (SCA). The SCA has granted Greenstone’s UAE subsidiary, Greenstone Equity Partners Financial Products Promotion L.L.C., a license to perform…
Middle East based boutiques offer alternative to global firms
April 7, 2019 (Dubai) Greenstone Equity Partners is leading the dialogue on challenges faced by bankers looking to go it alone in the Middle East. Greenstone Equity Partners' Alex Gemici, was quoted: Even if the founder has deep personal relationships within the region, clients and counterparties want to feel comfortable that any new firm will have longevity and will operate…
Liquidity becoming key for investing in hedge funds
April 7, 2019 (Dubai) Greenstone Equity Partners shares it's depth and breadth of expert industry knowledge on hedge funds. Alex Gemici, Greenstone's CEO has been quoted: There has been a swing back to high quality hedge funds in recent years as investors have begun to ascribe greater value to liquidity. In asset classes such as private equity or venture capital,…