Gulf Capital has been awarded a Financial Services Permit (FSP) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). 

 

The newly granted licence will enable Gulf Capital to manage assets and funds as well as to perform other regulated asset management activities in or from the Abu Dhabi Global Market. 

 

The company will expand its presence in Abu Dhabi and base its global headquarters in the prestigious, using its solid and long track record of investing private capital to build global leaders out of the GCC and capturing the phenomenal growth across the West-East Asia corridor. 

 

Ahmed Al Zaabi, Chairman of ADGM, said: “We congratulate Gulf Capital on securing the FSRA asset management licence and welcome the team to the ADGM family. Our world-class regulatory framework will help Gulf Capital reinforce its position as a private equity market leader which operates in a trusted and regulated environment.” - TradeArabia News Service