Dubai Private Equity Firm GII Aims to Triple Assets to $10 Billion

Gulf Islamic Investments has emerged as one of the Middle East’s most prolific homegrown private equity firms, deploying more than $1 billion over the past four years even as global buyout giants muscled in on its home turf. Now, the Dubai-based firm is pushing for scale and aims to triple assets under management to $10 billion by the end of the decade.

To support that push, GII is exploring ways to boost its coffers by up to $400 million in the short term through a capital raise and the issuance of Islamic debt, co-founder Mohammed Alhassan said.