Arcapita Group Holdings Limited, a global leader in alternative investments, has announced its licence to operate from ADGM and the opening of its new office in Abu Dhabi.
The launch of Arcapita Investment Management Limited is part of Arcapita’s strategic expansion in the region. Stephane Brown, group chief operating officer, has been appointed as senior executive officer. This significant milestone further solidifies Arcapita's commitment to the UAE market and strengthens its position as a key player in the country's private equity and real estate investment landscape.
Arcapita has established a strong track record in the UAE, with more than $1.3 billion in total transaction value across its various investments. The company is one of the largest investors in industrial real estate in the UAE, with approximately $500 million in industrial real estate assets under management, and around $650 million in private equity across various sectors.
This expansion allows Arcapita to be closer to its clients, prospective investors, and business partners, thereby enhancing its ability to deliver on its investment strategies in the UAE.
Arcapita’s long-standing presence in the UAE is underscored by its successful investments across diverse sectors. The recent investment in NEOPAY, a rapidly growing payment solutions provider, follows the acquisition of The DataFlow Group, a leading provider of primary source verification. These investments reflect Arcapita’s focus on the country’s developing fintech sector as well as essential business services, underscoring the company's commitment to a balanced investment strategy within private equity.
The establishment of Arcapita’s Abu Dhabi office comes in response to the UAE’s growing role as a global financial hub and its continued economic diversification under Vision 2031, which focuses on fostering private sector growth, infrastructure development and financial innovation - areas where Arcapita has a proven track record and can bring its expertise to bear.
Hisham Al Raee, chief executive of Arcapita, said opens an office in Abu Dhabi was a pivotal step in the company's journey.
"The UAE is a strategic market with immense potential, and our growing presence here is a testament to our commitment to harnessing the incredible growth opportunities it has to offer," he said. "By establishing a stronger foothold in the region, we’re positioning ourselves to deliver more value to our clients and to tap into a dynamic market that aligns with our vision. The addition of our Abu Dhabi office, alongside our Riyadh office, signifies our dedication to being a proactive and engaged partner in the region.”
Stephane Brown, senior executive officer at Arcapita Investment Management Limited and chief operating officer at Arcapita, added: “The UAE continues to evolve as a global economic leader, and establishing a regulated presence in Abu Dhabi enhances our ability to further strengthen relationships with investors and partners across the region.
"We are excited to be able to contribute to the UAE’s vision of economic diversification and are confident that our Abu Dhabi presence will play a critical role in identifying and executing strategic transactions in one of the most dynamic economies in the world.”
Arvind Ramamurthy, chief market development officer at ADGM, said: “We are delighted to welcome Arcapita to ADGM’s thriving community. Their presence underscores ADGM’s role as a preferred destination for leading global investment firms looking to expand in the region.
"Arcapita’s expertise in private equity and real estate investments complements ADGM’s commitment to fostering a dynamic, innovative, and collaborative ecosystem. We look forward to supporting their growth and contributions to the UAE’s financial and economic landscape."
With its proven history of successful investments and deep-rooted involvement in the UAE, Arcapita is well-positioned to contribute to the country’s continued growth and development. The new ADGM licenced activity serves as a testament to the firm’s commitment to playing an active role in the region's economic future.
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
The%20Roundup
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Janet Yellen's Firsts
- In 2014, she became the first woman to lead the US Federal Reserve
- In 1999, she became the first female chair of the White House Council of Economic Advisers
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
COMPANY%20PROFILE
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Teams in the EHL
White Bears, Al Ain Theebs, Dubai Mighty Camels, Abu Dhabi Storms, Abu Dhabi Scorpions and Vipers
The bio
Favourite food: Japanese
Favourite car: Lamborghini
Favourite hobby: Football
Favourite quote: If your dreams don’t scare you, they are not big enough
Favourite country: UAE
MATCH INFO
Austria 2
Hinteregger (53'), Schopf (69')
Germany 1
Ozil (11')
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UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)
Profile of VoucherSkout
Date of launch: November 2016
Founder: David Tobias
Based: Jumeirah Lake Towers
Sector: Technology
Size: 18 employees
Stage: Embarking on a Series A round to raise $5 million in the first quarter of 2019 with a 20 per cent stake
Investors: Seed round was self-funded with “millions of dollars”
Company%20profile
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How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
Fixtures
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THE BIO
Born: Mukalla, Yemen, 1979
Education: UAE University, Al Ain
Family: Married with two daughters: Asayel, 7, and Sara, 6
Favourite piece of music: Horse Dance by Naseer Shamma
Favourite book: Science and geology
Favourite place to travel to: Washington DC
Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.
COMPANY%20PROFILE%20
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The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
Match info
Uefa Champions League Group F
Manchester City v Hoffenheim, midnight (Wednesday, UAE)
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Killing of Qassem Suleimani
Allardyce's management career
Clubs (10) - Limerick (1991-1992), Perston North End (1992), Blackpool (1994-1996), Notts County (1997-1999), Bolton Wanderers (1999-2007), Newcastle United (2007-2008), Blackburn Rovers (2008-2010), West Ham United (2011-2015), Sunderland (2016), Crystal Palace (2016-2017)
Countries (1) - England (2016)
The specs
Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
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Company%20Profile
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