GII, a global shari’ah-compliant alternative investment company, has announced the completion of a minority equity investment in Hotpack, one of the GCC's largest food packaging manufacturers. This acquisition further cements GII's position as one of the most active private equity players in the region.
BlueFive Capital, a global alternative investment platform, has announced it has completed the acquisition of a 49% equity stake in Massar Solutions from Abu Dhabi National Energy Company (Taqa). Following the deal, Solutions+, a UAE-based consulting company, will retain the remaining 51% ownership stake.
With continued policy evolution, deepening financial services ecosystems and expanding pools of investable capital, the Middle East’s private market AUM is forecast to double within the next five years, according to a new report.