More than 50 per cent of MENA private equity portfolios are set to adopt AI-driven value creation by end of 2026 as firms eye efficiency
private equity
Latest in private equity
Abu Dhabi
Race for private markets firms to establish UAE office gets hotter
EQT, Eurazeo, Pollen Street, Baron Capital and Silver Point – with collective AUM of over $700bn – expanding in Abu Dhabi and Dubai, reports Bloomberg
Abu Dhabi Global Market
‘Magnet for hedge funds’, the UAE could change the $4.5tr global industry
New IG Prime report says Dubai and Abu Dhabi are expected to see the most hedge fund growth, and increase pressure on global regulators with their rules
private equity
UAE AI startups top pick for investors amid growing global buzz, proactive government support
The UAE is well-placed to benefit from this trend, given its established and supportive economic infrastructure, experts say
gcc startups
GCC sees massive surge in high-value startup funding deals in early months of 2025
The rising trend of high-value startup funding in the region, especially in the UAE and Saudi Arabia, is expected to continue in the coming quarters of this year, experts said
Entrepreneur
UAE startup funding to triple to $2bn by end of 2024 as region sees entrepreneur boom
Venture capital (VC) and private equity (PE) funding in the UAE are expected to surpass $2 billion by the end of 2024, marking a more than threefold increase
Blockchain
UAE resilience, innovation to drive long-term investor support despite regional headwinds: Experts
Global VC and fintech players are taking a long-term, strategic view on investments in the UAE and the region
Abu Dhabi
Abu Dhabi’s Eshraq to focus on private equity as part of new strategy
Will focus on directly-held PE investments in high-growth GCC companies with 5-7 year investment horizons
assets under management
UAE wealth management company OAM obtains license to operate from DIFC
In addition, they provide a Discretionary Portfolio service tailored to individual risk profiles and objectives
Abu Dhabi
Mubadala Capital raises over $710mn for its second flagship investment fund in Brazil
The Abu Dhabi-based fund announced the closure of the fund on Tuesday
investments
‘Funding winter’ impact: M&A ‘exit’ deals plunge 30% in MENA in H1, 2023
In terms of numbers, the region recorded just 27 exits in the first half of the year
acquisition
Editing software giant Avid to go private after STG acquires it for $1.4bn
The company behind such massive hits like ‘Top Gun: Maverick’ and ‘Avatar: The Way of Water’ fetches 32% premium at $27.05 per share
Brand View
Finding a path for private equity in the new market environment
The relentless hunt for returns in an ultra-low yield environment has made the rise of private markets as one of the biggest trends in finance over the last decade, says Yves Bonzon, group chief investment officer of Swiss wealth manager Bank Julius Baer
Banking & Finance
To be or not to be illiquid? – Five key considerations for private market investments
It might be tempting to assume that all private equity investments are difficult to exit and so best given a wide berth. The reality can often be far from that. Here we explore why and set out the main questions for prospective investors to consider
assets under management
Majority of sovereign wealth funds’ alternatives allocation remains in real estate and private equity: report
The bi-annual State Street Global Advisors report considered 34 of the largest sovereign wealth funds, located in 26 different jurisdictions, which as of year-end 2020, have total assets of approximately $8.5 trillion
Blockchain
Crypto, blockchain to retain appeal in 2022; EMEA fintech investments rise to record $77 billion in 2021: report
Payments continued to attract the most funding among fintech sub-sectors, accounting for $51.7 billion in investment globally in 2021 – up from $29.1 billion in 2020
private equity
Saudi wealth fund hires Hage as global private equity head
It named Turqi Alnowaiser and Yazeed Alhumied as deputy governors and hired former Goldman Sachs Group Inc. banker Eyas AlDossari as head of investment advisory within the MENA Investments Division
