PineBridge Investments is winding down its Middle East unit, sources familiar with the matter told Reuters on Monday, after the New York-based investment manager struggled to generate sufficient returns from the business.
Kingdom Holding Company (KHC), the investment firm owned by billionaire Prince Alwaleed bin Talal, has inked a deal with New York-based asset manager PineBridge Investments to set up a joint venture company for investment in African private equi
More investment in infrastructure, education and healthcare is essential for the region's sustainable economic growth, a thought leader has said.
PineBridge Investments chairman Mervyn Davies said this was key to development o
Bahrain-based PineBridge Investments Middle East (PBME), a global multi-asset class investment manager, has acquired a UAE-based school campus operated by global education services provider GEMS Education in a sale and lease-back transaction.
Former CEO of Bahrain Mumtalakat Holding Company Talal Al Zain has been appointed as the regional head of PineBridge Investments, global multi-asset class investment manager based in New York.
PineBridge Investments manages $67.3 billion i