Emirates Investment and Development Company PSC (Emivest) has created a new investment arm, Emivest Capital, to source new investment and to provide corporate and advisory services.

“This new investment vehicle will focus on fund management, private equity, asset management and investment in Pre IPOs and IPOs in local and international markets in different sectors,” a statement said.
“As a strategic corporate and advisory services provider, Emivest Capital will render services in the implementation of corporate governance, restructuring, mergers and acquisitions, market development services, investment advisory services etc.”
On the launch of the new arm, Emivest chairman Buti Saeed Al Ghandi, commented: “Emivest believes in the value of multiple perspectives on industry, geography, size and human resource levels and we strive to consolidate these to provide maximum benefit to our clients.”
Tarek Niazi, group CEO of Emivest, revealed that the new investment and financial services provider would expand its operational network locally, regionally and in international markets.
“Emivest’s success records over the past 10 years have inspired confidence and attracted investors to seek our services. For instance, the operating profits of Emivest subsidiaries have doubled in value year on year over the past three years and new and international investments made year to date manifests solid growth of return on equity,” he said.
Anthony Power, head of Emivest Capital and concurrently chief investment officer of Emivest, stated: “We trust that solid research is fundamental to sound investment decisions. Market intelligence is very crucial to us. In addition our investment professionals go the distance to determine the unique value-add and value-chain benefits that any one investment would bring. The integration of existing components with a new insight is critical to maintaining our innovative leadership in the market.
“Based on the knowledge that we have gained over the years, we are trying to create a value-added proposition to shareholders with new investment opportunities.”
According to the Emivest statement, Emivest Capital will be launching hedge, healthcare and opportunistic funds in a very short period of time.  The size of the funds will vary from $500 million to $1 billion depending on the need. Emivest Capital will have a solid research-based workforce.
Emivest Capital will align itself with global partners and expects to be a leader in this industry in a short span of time, the statement said.
Founded in 1997, Emvest aims at providing credible investment and development services to support regional economy, social and environmental progress.
Its portfolio includes Emirates Investment & Development PSC, Desert Landscape, Desert Leisure, Desert Rockcraft, Desert Turfcare, Dubai Garden Centre, Wahat Al Sahraa, Prisma Space Frame System, Prisma Windows & Doors, Proglass, Exclusive Acrylic, Prometal, Centennial, The Canadian University of Dubai, Duplas Al Sharq, Ghadeer Mineral Water Company, BMC Gulf Group, CBS Technology and ETI Technology.