Dubai International Financial Centre (DIFC) has signed an agreement with the International Private Equity Market (IPEM) to bring the esteemed IPEM event to Dubai for the first time in December 2025. This collaboration aims to strengthen DIFC’s position as a global hub for long-term capital deployment, supporting its Strategy 2030 to make Dubai one of...
Mercer, the investment consulting branch of US services company Marsh & McLennan, anticipates that its wealth division will at least double its assets under management (AUM) in the Middle East. This growth is expected to continue despite current economic challenges. Yasir AbuShaban, a principal at Mercer Wealth based in Dubai, stated that the company aims...
Private equity investment in the Indian real estate sector surged to $748 million (approximately Rs 64 billion) during the first quarter of 2025, marking a significant 35 percent increase compared to the same period last year. This data was reported by Savills India, a global real estate consulting firm, highlighting the strong interest from foreign...
The Oman-India Joint Investment Fund – Management Company (OIJIF) has appointed Satish Chavva as its Chief Executive Officer, effective April 1, 2025. The fund is a private equity manager promoted by the Oman Investment Authority (OIA) and the State Bank of India (SBI). This leadership change comes as OIJIF seeks to enhance its operations and...
Abu Dhabi’s Lunate, an asset management firm with $105 billion in assets, has launched a new venture named Axight that will focus on private equity deals in the Asia-Pacific region. This initiative aims to increase Lunate’s exposure to faster-growing markets, as revealed by sources familiar with the matter who requested anonymity due to the confidential...
Abu Dhabi-based Investcorp Capital plc has announced its agreement to invest in Epipoli, a prominent alternative payments enabler in Italy. This investment comes after Investcorp Group signed a definitive agreement to acquire Epipoli from Bregal Milestone and its founder and CEO, Gaetano Giannetto, who will continue to manage the company. The terms of the transaction...
Arcapita Group Holdings Limited, a global leader in alternative investments, has moved to strengthen its regional presence by opening a new office in Abu Dhabi. The expansion follows the company’s recent approval from Abu Dhabi Global Market (ADGM) to operate in the UAE, signaling its commitment to the country as a key hub for private...