Spark Capital Private Wealth Management (Spark Capital PWM) has officially launched its operations in the Dubai International Financial Centre (DIFC), which is recognized as the premier financial hub for the Middle East, Africa, and South Asia (MEASA) region. This expansion is facilitated through its subsidiary, Spark Global PWM Private Limited.

The company stated that this move significantly enhances Spark Capital’s ability to connect global investors with a variety of markets. It aims to offer tailored wealth management solutions while reinforcing the DIFC’s position as a leading ecosystem for financial innovation. The DIFC is characterized by its strong regulatory framework and access to a vast network of financial institutions, making it an ideal base for Spark Capital PWM.

The DIFC hosts 420 wealth and asset management firms, which include 75 hedge funds, with 48 managing assets exceeding Rs 8 300 crore each. This dynamic ecosystem allows firms to explore regional opportunities, serving as a gateway to financial institutions and multinational companies throughout the MEASA region. Additionally, DIFC’s strategic location, which connects Asia, Europe, and the Americas, enhances its attractiveness for wealth managers like Spark Capital PWM, providing seamless access to global markets.

Spark Capital PWM’s expansion into DIFC highlights its rapid growth trajectory. The firm’s assets under management and advisement have increased nearly tenfold, rising from Rs 30 billion in April 2023 to Rs 300 billion by May 2025. Furthermore, the team has expanded from 60 to over 400 professionals, including more than 130 experienced relationship managers, with a presence in 12 Indian cities. The new DIFC office, staffed by seasoned wealth management experts, will utilize Spark Capital’s research capabilities and innovative strategies to offer bespoke solutions tailored to international clients seeking portfolio diversification and wealth preservation.

Arpita Vinay, senior managing director and co-CEO of Spark Capital PWM, remarked that the DIFC office is a pivotal step in their global strategy. She emphasized that Dubai’s strategic location and DIFC’s world-class infrastructure provide the perfect platform to connect investors with diverse opportunities, ultimately enhancing their ability to deliver value to clients worldwide.

Neeraj Ojha, senior executive officer of Spark Global PWM Private Limited, pointed out that DIFC’s exceptional ecosystem, characterized by top-tier regulatory standards and an extensive financial network, empowers them to offer sophisticated wealth solutions backed by Spark Capital’s expertise.