Baar-Zug, 26 May 2010
Partners Group establishes presence in the Middle East
Partners Group, the global private markets investment manager, is further expanding its worldwide presence with the establishment of an office in the Middle East. This representative office is located in the Dubai International Financial Center and is an ideal hub to support Partners Group’s investment activities and growing number of client relationships in the MENA (Middle East and North Africa) region and India.
The substantial economic growth and expanding middle class in the MENA region and India make this area a logical location for the establishment of an office. On the one hand, attractive investment opportunities can be seen in various sectors as the growing population demonstrates increasing wealth as well as a still strong need for housing and valuations of corporations and assets are considered to be attractive in the long term due to the anticipated development. In addition, the region still shows a considerable need for infrastructure development to support its economic potential.
On the other hand, an increased appetite can be observed amongst investors in the region who are recognizing the advantages an independent and integrated global investment manager can provide. The regional office ensures Partners Group has additional proximity to investors in the region.
Erik Kaas, Partner and a member of the Business Development Committee, comments, "The establishment of an office in the Middle East reflects the growth potential offered by the MENA region and India. We believe this local presence allows us to not only identify additional attractive investment opportunities for our private markets business to the benefit of our clients but also offers a superior service level to investors in the region."
The Middle East representative office can be contacted as follows:
Dubai International Financial Center
Office No. 24, Level 3, Gate Village 10
P.O. Box 125115
Tel. +971 4 401 9143
Fax +971 4 401 9142