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2 days ago | 
bloomberg.com | Nicolas Parasie
(Bloomberg) -- Evercore Inc. is expanding in Saudi Arabia with a new office and senior hire, according to people familiar with the matter — making it the latest advisory firm to deepen its presence in one of the world’s most promising investment banking markets. The New York-based firm has appointed Mohammed Aldekmary to run its franchise in the kingdom, the people said, asking not to be identified because the information is private.
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2 days ago | 
bloomberg.com | Nicolas Parasie
Kapil Jobanputra(Bloomberg) -- A former banker at Standard Chartered Plc is launching a boutique advisory firm in Abu Dhabi, aiming to tap into the growing stream of institutional capital flowing between Asia, Europe and the Gulf. Kapil Jobanputra, who spent 13 years at the emerging-markets lender, has founded Elaeo Partners, according to a statement.
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6 days ago | 
bloomberg.com | Nicolas Parasie
Riyadh(Bloomberg) -- Infrastructure specialist Stonepeak is opening an office in Saudi Arabia — its second in the Middle East, a region eager for foreign institutional investment. The $73 billion alternative investment firm received its license to operate in the kingdom one year after establishing a presence in neighboring Abu Dhabi, according to a statement.
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1 week ago | 
bloomberg.com | Adveith Nair |Nicolas Parasie |Dinesh Nair
Hi, it’s Adveith Nair and Nicolas Parasie in Dubai and Dinesh Nair in London, reporting on what’s next for Abu Dhabi’s fast-growing wealth fund ADQ. Also today, Apollo has a new fund to help investors cash out of private equity early. Today’s top stories
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1 week ago | 
news.bloombergtax.com | Adveith Nair |Nicolas Parasie |Dinesh Nair
Sovereign wealth fund ADQ has more than doubled assets in four years, boasting a portfolio that spans everything from a stake in auction house Sotheby’s to Abu Dhabi’s flagship airline. From a high-rise in the heart of the city, executives are plotting ways to capitalize on that momentum. Over a period that included a pandemic, two US elections and a surge of interest in artificial intelligence, the $251 billion ADQ emerged as one of the world’s fastest-growing wealth funds.
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1 week ago | 
news.bloomberglaw.com | Adveith Nair |Nicolas Parasie |Dinesh Nair
Sovereign wealth fund ADQ has more than doubled assets in four years, boasting a portfolio that spans everything from a stake in auction house Sotheby’s to Abu Dhabi’s flagship airline. From a high-rise in the heart of the city, executives are plotting ways to capitalize on that momentum. Over a period that included a pandemic, two US elections and a surge of interest in artificial intelligence, the $251 billion ADQ emerged as one of the world’s fastest-growing wealth funds.
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1 week ago | 
financialpost.com | Adveith Nair |Nicolas Parasie |Dinesh Nair
Skip to ContentAdvertisement 1The emirate’s newest wealth fund is growing faster than many of its peers. Executives are now looking for ways to take advantage of that momentum. Article content(Bloomberg) — Sovereign wealth fund ADQ has more than doubled assets in four years, boasting a portfolio that spans everything from a stake in auction house Sotheby’s to Abu Dhabi’s flagship airline.
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1 week ago | 
bloomberg.com | Adveith Nair |Nicolas Parasie |Dinesh Nair
Office buildings in the Abu Dhabi Global Market in Abu Dhabi. (Bloomberg) -- Sovereign wealth fund ADQ has more than doubled assets in four years, boasting a portfolio that spans everything from a stake in auction house Sotheby’s to Abu Dhabi’s flagship airline.
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2 weeks ago | 
news.bloombergtax.com | Nicolas Parasie |Dinesh Nair
The investment firm led by Guggenheim Partners founder Mark Walter and financier Thomas Tull will take a minority stake in Mubadala Investment Co.’s asset management subsidiary, the second time an outside investor has been allowed to own a piece of the Abu Dhabi fund in recent months. As part of the deal, TWG Global is separately committing $2.5 billion to Mubadala Capital, which, in turn, is anchoring and leading a $10 billion syndicated investment in TWG, according to a statement.
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2 weeks ago | 
bloomberg.com | Nicolas Parasie |Dinesh Nair
Mubadala branding. (Bloomberg) -- The investment firm led by Guggenheim Partners founder Mark Walter and financier Thomas Tull will take a minority stake in Mubadala Investment Co.’s asset management subsidiary, the second time an outside investor has been allowed to own a piece of the Abu Dhabi fund in recent months.
