The comedian Jon Lovitz will open Madinat Jumeirah's comedy season on November 26.
The comedian Jon Lovitz will open Madinat Jumeirah's comedy season on November 26.

Gotta Lovitz



He may be one of the most popular comedians to have regularly appeared on the long-running US sketch show Saturday Night Live and a familiar face from countless comic films and TV shows, but Jon Lovitz is a man who seems to take things very seriously. In fact, speaking to him on the phone from Los Angeles, just over a week before his Dubai debut on November 26 at the Comedy Club (he will open the Madinat Jumeirah Arena's comedy season), it is hard to raise a joke from the laconic American.

Of course, to expect a comedian to be funny all the time is as deeply unfair as expecting an off-duty policeman to carry a truncheon or an off-duty accountant to talk about double-entry book-keeping. Many comedians are notoriously gloomy by nature, and Lovitz seems to be no exception - indeed, this is often part of his comedic schtick, with his forlorn visage lending itself perfectly to misanthropic moments such as his feud with the celebrity-gossip website TMZ.com.

Back in the late 1970s, though, Lovitz trained as a dramatic actor at the University of California, Irvine, and it is a time that he is happy to look back on, citing his theatrical work as the source of the best comedy. "I did mostly acting at first, but I had a teacher named Tony Barr, who taught the film actor's workshop, and he had a friend named Ralph Levy who came to teach us comedy," he says. "Well, Ralph Levy used to produce and direct The Jack Benny Program and The George Burns & Gracie Allen Show, and he directed a movie, Bedtime Story, with David Niven and Marlon Brando, so the guy really knew comedy. And I did a scene for him once, and he said: 'Where's all the stuff you learned at UC Irvine?' And I said: 'You mean it's the same?' He said: 'Sure. You do all the things that you do in drama and then you add the comedy on top of it. You, the actor, you're aware of the comedy, but the character you're playing should be oblivious.' He's right. To be a great comedic actor you also have to know how to make a scene work."

That might explain why so many comedians find themselves, when they hit the big time, yearning to work as "serious" actors, ditching their stand-up in favour of proper movie roles. Eddie Izzard, for example, has forged a successful film career after starting out on the British stand-up circuit. Lovitz claims to have no such aspirations, though he certainly is aware of the perceived gap between comedy and "real" acting.

"For most comedic actors and comedians, it's not hard for them to do drama. The hard part is convincing people to hire you for it," he says. "One time, Dustin Hoffman befriended me and he brought me to audition for this movie, Billy Bathgate, and the director was Robert Benton. So Dustin was saying - and I was like 34 at the time - 'I think Jon would be really, really great in this movie'. And Robert Benton goes: 'Well, sure, I know he can do it, but people will be laughing.' And I said: 'Well, maybe at first, but if I'm not funny they won't be laughing.' I thought he was idiotic, because any actor you hire that gets famous, I could say, well, with Dustin Hoffman they're going to be thinking of Tootsie. So I think it's kind of ignorant." No hard feelings there, then.

Indeed for Lovitz, his career has gone in the opposite direction to that dictated by convention, with the mastery of stand-up being the ultimate goal. The work that goes into a stand-up routine - not to mention the fear of going on stage to declaim your witticisms in front of hundreds of people - is something that he has spent years on. "I always wanted to do it - I used to do Woody Allen and Lenny Bruce's routines in the college dorm," he says. "And then I got on Saturday Night Live and Dennis Miller would say: 'You could be a stand-up', and would take me to this club in New York, but I was so nervous. Or I'd get on stage and they'd cheer, but then I didn't know what to do and they wouldn't cheer and my heart was just pounding in my chest... It just wasn't fun. You know, at first you start off with five minutes, which seems like forever, and someone says: 'Can you do 10 minutes?' and then every time you go on stage you just learn more and more. What's interesting to me now is I know the material so well, I just go up and start and I don't even think about it. It's just there; it's a very strange feeling. That's how the stand-up comes out now. It's so organic." Let's hope it's funny, too.

Jon Lovitz is at the Comedy Club at Madinat Jumeirah Arena on November 26. Tickets from Dh250 per person for the show or Dh600 per person for dinner and the show. Visit www.comedyclubme.com for reservations. gchamp@thenational.ae

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million