How Can US Fund Managers Access Private Capital From The Middle East For Their Existing Funds?

The Middle East has long been associated with ultra-high net worth (UHNW) individuals, and that population is set to surge by 24.6% in the next five years, with Saudi Arabia poised to become home to 72 billionaires and the United Arab Emirates home to 42, according to the WealthX Billionaire Census.

This expanding wealthy population presents a significant opportunity for overseas fund managers to access capital in the Gulf and build a presence in the region.

On February 23, a panel sat down to answer key questions about new capital-raising solutions in the Middle East and discuss how Shariah-compliant feeder structures can be a relatively straightforward and inexpensive way for US managers to attract capital into their existing funds.